Tenterfield, New South Wales
Centre of Town Motel Lease for Sale
* 18 Hotel rooms - 12-Motel rooms – Three-bedroom residence.
* Opportunity now presents itself for an astute buyer to take over a Motel Lease for less than a price of a house.
* 30 rooms in total with a very low rent and a new 30-year lease at settlement.
* All rooms freshly renovated, all this in the centre of town, this one is not to be missed.
* Price $175,000
Property Code: 298
Key Investment Insights1. The motel is located in the centre of town, making it a prime location for tourists and travelers.
2. The sale includes 18 hotel rooms, 12 motel rooms and a three-bedroom residence, providing ample space for guests and potential for additional income.
3. The opportunity to purchase a motel lease for less than the price of a house presents a great investment opportunity.
4. The total number of rooms is 30, providing a large potential customer base.
5. The rent is very low, making it a financially attractive option for potential buyers.
6. A new 30-year lease will be included in the sale, providing long-term stability for the business.
7. All rooms have been recently renovated, ensuring a modern and attractive accommodation option for guests.
8. The central location of the motel is a major selling point, as it is convenient for guests and provides easy access to local amenities and attractions.
9. The price of $175,000 is reasonable and affordable for a business in this location and with these features.
10. The property code is 298, providing a unique identifier for the business and making it easy for potential buyers to find and inquire about the listing.