Kempsey, New South Wales

Freehold Investment Motel, 8% ROI - NSW Mid North Coast - 1P0994M

SOLD

Business Description

EXCLUSIVE TO CRE BROKERS

• NEW 30 year lease, with experienced new tenant
• Extensive renovations
• Large 3-4 Bedroom residence adjoining reception
• Set on 5 Acres of Parkland with potential for redevelopment
• 21 well-presented ground floor rooms
• All outgoings paid by tenant
• Close proximity to bypass has improved Business

Be quick to arrange an inspection!

Business Summary

Marketing Agent

Darren Leaney

CRE Brokers

Key Investment Insights

1. New lease agreement with experienced tenant provides stability and potential for long-term growth.
2. Extensive renovations have been completed, improving the overall quality and appeal of the motel.
3. The large 3-4 bedroom residence adjoining reception adds value and potential for owner/operator accommodation.
4. The property is set on 5 acres of parkland, providing potential for future redevelopment or expansion.
5. 21 well-presented ground floor rooms offer a variety of accommodation options for guests.
6. Tenant pays all outgoings, reducing financial burden for the owner.
7. Close proximity to a bypass has improved business, providing potential for increased revenue.
8. Quick inspection is recommended due to the high demand for this type of investment opportunity.