Tenterfield, New South Wales

Centre of Town Motel Lease for Sale

SOLD

Business Description

* 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

Business Summary

Marketing Agent
Scott Saunders
Scott Saunders

Premier Business Sales

Premier Business Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. 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.
Listing location
Gallery

This Business is sold

Listing Tools

Management Rights

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