155-157 Yambil Street, Griffith, New South Wales

Yambil In Motel, Griffith NSW - 1P0046

Leasehold $395,000

Property Description

EXCLUSIVE TO MHB

Presenting an outstanding Leasehold Motel business opportunity located in the thriving and vibrant regional city of Griffith, NSW.

Built in 1984, the Yambil Inn Motel is beautifully maintained throughout and perfectly positioned right in the heart of the city, within walking distance to the city centre and all it has to offer.

Easy to run and operate, the Motel offers 16 well-appointed rooms with a diverse range of room options ranging from single, double, twin, triple and family rooms, an in-ground swimming pool and BBQ area, ample guest parking plus an excellent 3 bedroom family residence with 2 bathrooms and its own private yard all set within manicured and landscaped grounds.

Priced to meet the market this terrific Motel has loads of development potential.

Key Features:

* Long lease with approx. 23 years remaining with good terms
* Centrally located within a thriving regional city
* 16 well-appointed rooms with a diverse range of room options
* Strong annual turnover
* 30% (approx.) Buyers Yield
* 3 bedroom, 2 bathroom family residence
* Refurbishments across the business and residence
* Combined pool and BBQ area
* Repeat client trade
* Easy to operate

A fantastic opportunity awaits a committed buyer to secure this excellent leasehold business.

Contact Dan McDonald at MHB to arrange an inspection. You will not be disappointed!

Property Summary

Motel Information

Other Features / Notes

Leasehold, Motel, NSW - North West
Marketing Agent
McDonald Hospitality Brokers (MHB)

McDonald Hospitality Brokers (MHB)

Listing location
Gallery

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