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 & SettledKey Investment Insights
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.
