110 Larmer Street, Narrandera, New South Wales
UNDER OFFER - Bishops Lodge, Narrandera NSW - 1P0548
Leasehold - $745,000
Business Description
A rare opportunity to enter the tightly held motel market!
Leasehold motel located in a booming regional NSW Location.
Key Features:
* 20 well presented rooms with diverse options ranging from deluxe queen, king, twin and family rooms.
* Long lease of 28 years remaining with fair market rent across historical turnover.
* 2025 financial year business disruption due to illness.
* Narrandera being one of the stops of choice for travellers, Bishops Lodge has been blessed with its fortuitus geographical location, with the bustling town being located next to a major NSW in‐land highway junction of the Sturt and Newell Highways.
* Bishops Lodge also offers an abundance of parking that will cater to larger vehicles and is attractive to the travelling tradie that needs off street parking for security.
* The motel also provides a guest laundry, in‐ground swimming pool, BBQ area all set within tranquil surrounds.
* A large 3-bedroom family residence fitted with all the mod‐cons completes this offering.
* Demonstrating an incredible entry level leasehold motel opportunity in the current market.
Inspections by appointment only.
For more information or to make an enquiry, contact us direct on ---------- .
Business Summary
Other Features / Notes
EXCLUSIVE, LEASEHOLD, Motel, NSW - Riverina & Murray, Under OfferKey Investment Insights
1. 20 well presented rooms, offering deluxe queen, king, twin and family configurations, providing diverse revenue mix.
2. Long lease in place, 28 years remaining, with rent described as fair relative to historical turnover.
3. Leasehold motel described as an entry-level opportunity in a tightly held motel market.
4. Located in Narrandera, a booming regional NSW town, positioned adjacent to the Sturt and Newell Highway junction, a favoured traveller stop.
5. High appeal to interstate and long‑haul travellers due to proximity to major inland highways.
6. Abundant off‑street parking capable of accommodating larger vehicles, attractive to tradies and guests requiring secure parking.
7. On‑site amenities include guest laundry, in‑ground swimming pool and BBQ area, set within tranquil surrounds.
8. A separate large three‑bedroom family residence with modern conveniences is included, supporting on‑site management or owner occupancy.
9. 2025 financial year shows business disruption due to illness, a material caveat for recent trading performance.
10. Property is listed as under offer, signalling active buyer interest.
11. Inspections are by appointment only, indicating controlled access and vendor management of viewings.
