46 Albury Street, Holbrook, New South Wales
Motivated Vendor & Priced To Sell
SOLD
Business Description
LOW ENTRY POINT & PRICED TO SELL, THIS MOTEL WONT BE AVAILABLE FOR LONG.
The Jolly Swagman Motel Holbrook, just off the Hume Highway and long been known as the perfect rest stop for travelers between Melbourne & Sydney. With a strong consistent trade of travelers, workers and visitors, this motel provides a terrific opportunity for enthusiastic owner operators. The Motel comprises of 11 good sized rooms, a mix of Single, Queen, Twin and Family rooms, each room is well furnished and fitted out, other property features include:
* Strong and consistent all year round trade
* Chinese restaurant on premises, providing rental income & outstanding guest meals
* Excellent guest reviews (Expedia 4.2/5 - Wotif 4.2/5 - Hotels 8.3/10)
* Main road frontage, short stroll to main street & conveniently located to fuel and cafe
* Well located close to large regional cities - Albury/Wodonga 60kms - Wagga Wagga 60Kms
With an outstanding ROI, a good 20 year lease with market rent, regular trade with the bonus of additional income from the Chinese Restaurant rent, representing excellent value, this motel will attract plenty of interest and we believe will sell very quickly, make sure you enquire today and secure this motel all for yourself.
Tim Symes - Broker
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Business Summary
Key Investment Insights
1. Located in a prime location just off the Hume Highway, making it a popular rest stop for travelers between Melbourne and Sydney.
2. Consistent and strong all year round trade, providing a stable and reliable income for the owner.
3. 11 well-furnished and spacious rooms, offering a variety of options for guests including Single, Queen, Twin, and Family rooms.
4. Chinese restaurant on premises, providing additional rental income and highly rated guest meals.
5. Excellent guest reviews on popular travel websites, showcasing the motel's high standards and satisfied customers.
6. Main road frontage and close proximity to the main street, providing convenience for guests and easy access to fuel and cafes.
7. Strategically located near large regional cities such as Albury/Wodonga and Wagga Wagga, increasing potential for business.
8. Outstanding return on investment (ROI) and a good 20-year lease with market rent, offering great value for potential buyers.
9. Motivated vendor and priced to sell quickly, making it a desirable opportunity for enthusiastic owner operators.
10. Experienced broker available for inquiries and assistance in securing the motel.
