281 Neeld Street, West Wyalong, New South Wales

SOLD - Ardeanal Motel, West Wyalong NSW - 1P0353

SOLD

Business Description

EXCLUSIVE TO MHB

Perfect entry level leasehold in the very busy motel corridor of West Wyalong.

This 19 x room motel offers a 12 x year lease across excellent rental commitment, at just 10% of the turnover for the 2023 financial year.

Better still rent is fixed until late 2025. A real money maker across remaining terms.

The Ardeanal Motel is just a short walk from West Wyalong's town centre, where many shops and cafes are situated. The main street is nicknamed the Crooked Mile as it was built around gold diggings and tree stumps.

Explore gold rush heritage, take a dip in a mineral pool, follow walking and cycling trails and discover local art legends in the West Wyalong region of the beautiful Riverina.

The Cowal Gold Mine by evolution now sees a minimum of 20 years of unprecedented occupancy and potential.

Located approx. 467kms west of Sydney, this picturesque town is well positioned at the crossroads of the Newell and Mid-Western highways between Sydney and Adelaide.

Ideal for the owner/operator. A great business and a must to consider.

Key Features:

* Rent of $4,500 per month until August 2025
* 19 x rooms - Well presented to suit client base
* 5 x updated rooms
* 30KW solar panels
* New air conditioners across 70% of motel rooms
* Outdoor pool and BBQ facilities

A fantastic opportunity awaits a committed buyer to secure this profitable leasehold motel business.

Must be sold! For genuine sale - make an offer!

Contact Dan McDonald at MHB direct on ---------- for more information.

Business Summary

Other Features / Notes

EXCLUSIVE, Leasehold, Motel, NSW - Riverina & Murray, SOLD
Marketing Agent
McDonald Hospitality Brokers (MHB)

McDonald Hospitality Brokers (MHB)

Key Investment Insights

1. Located in a busy motel corridor in West Wyalong, NSW.
2. 19 rooms with a 12-year lease and fixed rent until 2025.
3. Potential for high occupancy due to proximity to Cowal Gold Mine.
4. Positioned at the crossroads of major highways between Sydney and Adelaide.
5. Ideal for an owner/operator.
6. Well-maintained and updated rooms.
7. 30KW solar panels and new air conditioners in 70% of rooms.
8. Outdoor pool and BBQ facilities.
9. Profitable business with potential for growth.
10. Must be sold, genuine sale.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

7 Acre Caravan Park and a Very High Occupancy.
Very busy  22 room Motel Leasehold
Acacia Terraces - 1P6057
Strategic Location Christchurch Central
An Excellent Freehold Going Concern Motel - 1450MF
Another $70,000 Price Reduction - ID 9134
near Bribie  Island
Acquire a premier Main Beach OTP | Resort Brokers ID : OTP008349
High profit management rights- Short Term Accom in Fortitude Valley -  $521K net | Resort Brokers ID : MR008356
BRAND NEW HIGH QUALITY MIXED USE MANAGEMENT RIGHTS OVERLOOKING KIRRA BEACH | Resort Brokers ID : MRB008362
Seeking a dedicated and proactive Building Manager (contractor)
Enviable Lifestyle with a Reliable Cashflow
Freehold Business in Lambton for $3.25M, Developers Dream - 125HF
Large & Profitable in Napier
Lake Boga Pub - 1P6058
Exceptional FHGC Caravan Park for Sale in Historic Charters Towers - 1056CPF
EASY Business and LARGE Remuneration with 3% annual increase!
TWO SIDE-BY-SIDE PERMANENTS NETTING $583K FOR 4.8X MULTIPLIER | Resort Brokers ID : MR008354