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, Feature, LEASEHOLD, Motel, NSW - Riverina & Murray, Under OfferKey Investment Insights
1. Under offer listing, indicating active sale process and buyer interest.
2. Leasehold motel with 28 years of lease remaining, providing long term tenure and operational continuity.
3. Fair market rent calculated across historical turnover, suggesting rent alignment with past trading performance.
4. 20 well presented rooms with a mix of deluxe queen, king, twin and family configurations, enabling diverse guest targeting.
5. Significant business disruption in the 2025 financial year due to illness, implying recent earnings may be suppressed and potential for upside when normal trading resumes.
6. Prime regional location in Narrandera, positioned at the junction of the Sturt and Newell Highways, capturing high volumes of through traffic and being a preferred traveller stop.
7. Abundant parking that accommodates larger vehicles, increasing appeal to tradies and guests requiring secure off street vehicle storage.
8. Onsite guest amenities include a laundry, in ground swimming pool and BBQ area set within tranquil surrounds, enhancing guest experience and length of stay potential.
9. Included large three bedroom family residence with modern conveniences, offering owner accommodation or rental income flexibility.
10. Positioned as an entry level leasehold motel opportunity in a tightly held regional motel market, suitable for investors seeking accessible capital entry and growth through trading recovery.
