110 Larmer Street, Narrandera, New South Wales

SOLD - Bishops Lodge, Narrandera NSW - 1P0548

SOLD

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, SOLD, Sold & Settled
Marketing Agent
McDonald Hospitality Brokers (MHB)

McDonald Hospitality Brokers (MHB)

Key Investment Insights

AI generated. Confirm details with the seller.

1. Property status sold and settled, listed as exclusive leasehold.
2. Leasehold motel with 28 years remaining on the lease, providing long-term tenure.
3. 20 well presented rooms across deluxe queen, king, twin and family configurations, offering marketable room diversity.
4. Rent structure described as fair market rent linked to historical turnover, aligning landlord revenue with performance.
5. Noted business disruption in the 2025 financial year due to illness, a potential factor in recent trading performance.
6. Located in a booming regional NSW town, Narrandera, positioned at the junction of the Sturt and Newell Highways, a strategic traveller stop.
7. Abundant off-street parking able to accommodate larger vehicles, attractive to travelling tradies and secure parking needs.
8. On-site guest amenities include a laundry, in-ground swimming pool and BBQ area, set within tranquil surrounds.
9. Includes a large three bedroom family residence fitted with modern conveniences, supporting on-site management or owner occupation.
10. Marketed as an entry level leasehold motel opportunity in the current market, signalling accessibility for investors.
11. Inspections are by appointment only, indicating controlled access for prospective buyers.
Listing location

This Business is sold

Listing Tools

Management Rights

STAY UP TO DATE

Receive new listing alerts

Sign up

Industry news from AccomProperties

Similar Motels For Sale

You may also like

LEASEHOLD - Settlement Motor Inn, Deniliquin NSW - 1P0624
McDonald Hospitality Brokers (MHB)
LEASEHOLD - Settlement Motor Inn, Denili...

327-331 Victoria Street DENILIQUIN

Leasehold - $595,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

UNDER OFFER - Royal Hotel, Adelong NSW - 1P0607
McDonald Hospitality Brokers (MHB)
UNDER OFFER - Royal Hotel, Adelong NSW -...

45 Tumut Street ADELONG

Freehold Going Concern - $695,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Off-the-Plan Management Rights Opportunity in Stones Corner
A Rare Chance to Own Two Businesses and Embrace a great Way of Life
Huge 9.5 acre Caravan Cabin park.
$720K+ Net - established permanent portfolio in Kangaroo Point | Resort Brokers ID : MR009403
Albury Gardens Lifestyle Estate
Prime Location - Own a Proven Motel Business
THERE'S A FAMILIAR RING TO 'HAVE AND TO HOLD' - 2914MF
Waterfront address. Fully occupied. Fully Completed.
Hotel Sophia Melbourne
THE ONLY STANDALONE MOTEL IN TOWN, A RARE FREEHOLD OPPORTUNITY - 419MF
Rare Caretaking-Only Management Rights – 100% Body Corporate Remuneration | Resort Brokers ID : MRB009400
INCREDIBLY PRICED 4-BED HOME / HIGH NET PROFIT / HIGH ROI | Resort Brokers ID : MR009409
EXTRAORDINARY OPPORTUNITY RENOVATED 10 ROOM HOTEL & RESTAURANT, BAR & BOTTLESHOP
NSW LEASEHOLD OPPORTUNITY, 27 ROOMS, 22 YEAR LEASE - 1640ML
Exclusive - No Onsite Living Required - Exceptional 3.30 Multiplier! - ID 7970
CENTRAL QLD COASTAL FREEHOLD MOTEL - 2917MF
Landmark business sale: Armatree Hotel
Substantial 8.1-Acre Freehold Holding - Established Income, Family Residence | Resort Brokers ID : FH009384