217MI - Rare Motel Investment Return Greater than 9.5%
- Tenants are making solid returns and can easily afford the rental.
- 23 rooms, ranging from an iconic experience to compact and clean.
- Excellent turnover.
- Stable financial history.
- Great town location.
- Has everything you need for a successful business.
The award-winning Lodge Outback Motelboasts an array of tourism awards. A varying choice of accommodation leaves no-one missing out. A high 3-star rating overall making it amongst one of the top accommodation businesses in Broken Hill.
A perfect location in Broken Hill, a stone’s throw from the Silver City and Barrier Highways connecting travellers to Adelaide, Brisbane, Sydney and Melbourne.
Annual Rent: $115,000 plus GST
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 217MI (quote when enquiring)
Location: Broken Hill is located on one of two main access roads providing access between Sydney/Brisbane and Adelaide. It is situated 1,067 kms west of Sydney and 508 km north east of Adelaide. The town supports a large silver, lead and zinc mining operation (operated by Perilya Limited) together with a recently developed mineral sands mine.
Broken Hill is a city that has reinvented itself. It's a city basking in a colourful history - from its early origins as a place on the edge of the central desert, where vast riches in minerals were drawn from its very foundations to a vibrant and commercial, arts, and tourism centre.
Broken Hill boasts community infrastructure that is the envy of many larger communities and it is now a hub for a very rich tourism Industry. Along with its own attractions including a large art industry, it is the hub for the diverse outback tourism experiences of the region with excellent transport options of rail, road and air. Broken Hill Airport is located 6 km from Broken Hill’s town centre.
9.58% return new lease solid business and location.
Tenants are making solid returns and can easily afford the rental.
Property Code: 3277
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -