Lithgow, New South Wales

800ML - LEASEHOLD MOTEL 2 HOURS FROM SYDNEY!

LEASEHOLD $520,000

Property Description

- Located at the foot of the Blue Mountains.

- 17 refurbished units.

- Strong growth in the area.

- Long Lease and good Rent Ratio.

- Underutilised Restaurant.

- Modern Residence.

- The motel is recovering well from the COVID-19 period.

- It deserves your closest attention.

- Your inspection is highly recommended.

Lithgow City Council has launched a four year Regional Economic Development Strategy (REDS) ( ---------- ) which recognises the region's historical links with coal mining while supporting a diverse range of new economic opportunities in the future.

The gateway to the central west, Lithgow is a pivotal expansion and entry point from the Western Sydney Basin.

A stand-alone functional economic region, it has numerous endowments including topography, cool climate, natural resources, energy, and road and rail infrastructure, which position the region as a notable juncture for the next stage of the State’s industry and business economic growth.

The recently launched '20-Year Economic Vision for Regional NSW' Strategy identifies Lithgow as a Metro satellite. Metro Satellites are forecast to transform to metro hubs in their own right, attracting new families seeking new lifestyle and employment opportunities.

Lithgow has industry specialisations in mining, niche manufacturing, electricity supply, health insurance, public administration and safety, agriculture, tourism and rail transport.

Identified emerging specialisations are in the areas of engineering, logistics, aged care and construction.

Net Profit $140,234 for 2018/19 (being the last year not impacted by COVID-19)

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 800ML (quote when enquiring)

Property Code: 3975

Property Summary

Motel Information

Marketing Agent
David Head
David Head

Listing location
Gallery

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