Dubbo, New South Wales

DUBBO LEASEHOLD - VIBRANT REGIONAL CITY -TICKS ALL BOXES

$775,000

Property Description

* New 30 year lease
* Low rent. Only 40.7% of total adjusted net profit
* Tenant's profit is $225,728 after rent of $155,000 (2018/19 figures)
* 23 units +3BR cottage plus a large 2/3 bedroom residence.
* Large solar system 30 kw
* No restaurant - only breakfast is provided.
* This property like many has suffered due to Covid 19. As well as this issue there has been major roadworks at its front door.
Despite these problems its revenue has now jumped back to previous highs. It leaves a wonderful opportunity for the new tenant.

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -
Marketing Agent
Jim McDonald
Jim McDonald

Jim McDonald Brokers
Jim McDonald Brokers

Jim McDonald Brokers

Listing location
Gallery

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