Albury Burvale Motor Inn - 1P4228M
Fantastic NSW Leasehold Motel For Sale
Albury central location, this 28 room Leasehold Motel demonstrates excellent trading results across recent financial years after significant recent room refurbishment across 80% of the property.
The Motel is ideally located on a main thoroughfare, less than a one minute drive to the Hume Highway and two minutes to the central business district and shopping precinct.
The Motel offers a diverse range of room configurations and also features a conference/dining area with a fully licensed bar, commercial kitchen and a 3 bedroom, 2 bathroom residence. The building is of solid brick construction with designated parking to all rooms. The exterior of the Motel is very well kept with attractively presented gardens.
Situated in a very strong tourist and corporate town this motel still has plenty of opportunity to increase profits without spending a lot of money.
* Rent set at an incredible 18% of turnover
* Priced to sell with 33.2% Buyers Yield
* Long Lease with favourable terms
* Compact and easy to manage and maintain
* Strong corporate & leisure trade
* Newly installed 20KW Solar Panels
A rejuvenated Albury Burvale Motor Inn is priced to meet the market against annual returns and with incredible rental terms this is a real must to inspect.
Book your inspection now with CRE Brokers the Exclusive agents.
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:NSW - Riverina & Murray