Key Investment Insights
AI generated. Confirm details with the seller.
1. The motel is located in a strong Central West town, providing a stable and potentially growing customer base.
2. The motel is low maintenance, making it an attractive investment opportunity.
3. The current business model is operating as a Bed & Breakfast only, providing potential for growth and diversification.
4. The motel is in close proximity to restaurants and eateries, providing convenience for guests.
5. The experienced tenant adds credibility and reliability to the investment opportunity.
6. The annual rent of $93,545 plus GST provides a steady income stream for the investor.
7. Opportunities like this are rare, making this a potentially valuable and sought-after investment.
8. The town of Parkes has a strong tourism industry, with over 100,000 visitors each year, providing potential for growth and profitability.
9. The location of the motel on the Newell Highway provides easy access for travelers and potential for passing trade.
10. The property is listed with a reputable and experienced tourism broker, providing assurance and guidance for potential investors.
