Broken Hill, New South Wales

Freehold $1,250,000

Property Description

2616MF - Huge Upside and Continued Business Growth Ahead

- Lifestyle and cashflow, this has it all.

- Guests part the car and walk to everything in the CBD and clubs.

- Recently Refurbished and Making Solid Money.

- The owners have done all the hard works and after extensive renovations and refurbishment works have recently been completed.

- 12 rooms, 4 studio apartments, a luxury kitchen and spa apartment, a family room and a luxury 2 bedroom apartment.

- Situated on the main street in Broken Hill, around the corner from the Tourist Information Centre and one block from the CBD.

- 1 bedroom residence with a one bed, lounge, ensuite with access to the main kitchen, reception, back office and food store. Could easily be converted with an adjoining self-contained motel unit with its own kitchenette to make a 2 bedroom unit with the installation of a door.

- All Laundry is done on site with a commercial laundry.

- Guests have access to a coin operated laundrette.

- Barbeque area for guests and easy walking access to the club on the next block the close CBD.

Net Profit: $237,573 for 2018-19; $274,516 estimated for the 2019-20

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2616MF (quote when enquiring)

Property Code: 3418

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent

Michael Philpott

Marketing Agency

Tourism Brokers

Michael Philpott
Tourism Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Broken Hill, New South Wales 2880 Exact map location not provided

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