Gunnedah, New South Wales

Regional Leasehold Motel with Brand-New 25-Year Agreement & Strong Turnover | Resort Brokers ID : LH008250

$720,000

Business Description

ResortBrokers presents the Red Chief Motel in Gunnedah, a secure investment with a new 25-year lease.

With 29 diverse rooms, it caters to varied guest needs, while the motel's prime location ensures easy guest access and proximity to dining options.

Gunnedah's strong motel market plus recent room enhancements boosts this motel's appeal.



- Secured investment with a new 25-year lease featuring advantageous commercial terms
- Strategically positioned in Gunnedah, adjacent to the town's thoroughfares
- Situated in Gunnedah, a town renowned for its strong motel industry
- Beneficiary of recent substantial investment towards room enhancements
- Offers 29 diverse rooms catering to a wide range of accommodation needs
- Ideal for operators seeking to reposition and add value to the asset
- Enjoying a harmonious relationship with a supportive landlord
- Established market presence with a consistent flow of repeat business
- Property inspections are by appointment only
Date updated: 09 Jun 2024 23:00:16

Business Summary

Business Snapshot

Price: $720,000 Net Profit: $244,000
Marketing Agent
Joshua Roberts
Joshua Roberts

Listing location
Gallery

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