281 Neeld Street, West Wyalong, New South Wales

UNDER OFFER - Ardeanal Motel, West Wyalong NSW - 1P0353

Leasehold - $495,000

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, Under Offer
Marketing Agent
McDonald Hospitality Brokers (MHB)

McDonald Hospitality Brokers (MHB)

Key Investment Insights

1. Prime location in the busy motel corridor of West Wyalong.
2. 12-year lease with excellent rental commitment at just 10% of turnover.
3. Fixed rent until late 2025, making it a profitable investment.
4. Short walk to the town center with shops and cafes.
5. Rich in gold rush heritage and offers various recreational activities.
6. Close proximity to the Cowal Gold Mine, ensuring steady occupancy and potential.
7. Well-positioned at the crossroads of major highways between Sydney and Adelaide.
8. Ideal for owner/operator.
9. Well-maintained and presented 19 rooms to suit diverse clientele.
10. Recent updates including 5 renovated rooms, 30KW solar panels, and new air conditioners.
11. Outdoor pool and BBQ facilities for guests.
12. Must be sold, making it a great opportunity for a committed buyer.
13. Contact Dan McDonald at MHB for more information.
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