110 Larmer Street, Narrandera, New South Wales
UNDER OFFER - Bishops Lodge, Narrandera NSW - 1P0548
Leasehold - $795,000
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. Located in Narrandera, a booming regional NSW town situated at the major inland highway junction of the Sturt and Newell Highways, offering high through-traffic and traveller demand.
2. Leasehold motel with 28 years remaining on the lease, providing long-term tenure and stability.
3. Rent described as fair market rent across historical turnover, suggesting alignment of lease costs with past revenue levels.
4. 20 well presented rooms with diverse configurations including deluxe queen, king, twin and family rooms, enabling broad market appeal.
5. Recent business disruption in the 2025 financial year due to illness, indicating a temporary performance impact that may present upside for a new operator.
6. Abundant off-street parking capable of accommodating larger vehicles, attractive to tradies and guests requiring secure vehicle storage.
7. On-site amenities include a guest laundry, in-ground swimming pool and BBQ area, enhancing guest experience and length of stay potential.
8. Property set within tranquil surrounds, contributing to guest appeal for leisure stays.
9. Includes a large three bedroom family residence with modern conveniences, useful for owner-operator accommodation or rental income.
10. Positioned as an entry level leasehold motel opportunity in a tightly held market, indicating potential affordability relative to freehold motels.
11. Listing is exclusive and currently under offer, inspections by appointment only, signalling active buyer interest and limited availability.
