Property Description

2536ML - BIG 4 STAR LEASEHOLD MOTEL SHOWING A BIG PROFIT! RUN IT UNDER MANAGEMENT

- You Can't Miss This Big Leasehold Motel!

- Modern 36 unit with a 4 star rating.

- Well established and strong trading history.

- Recovering strongly from COVID-19.

- Trending to a Turnover in excess of $1.4m.

- Adjacent to Bowls Club - no evening meals!

- Minimum maintenance and a dream to operate.

- It's priced to sell with a 45% Return projected for 2020/21.

- Contact us now for further details.

Net Profit: Trending to $420,000 for 2020/21

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2536ML (quote when enquiring)

Location: Cobar Shire is located in the Orana Region of central northern New South Wales, about 700 kms north-west of Sydney and 650 kms north of Canberra. It is on the crossroads of two major highways - the Kidman Way linking Melbourne to Brisbane and the Barrier Highway linking Sydney to Adelaide via Broken Hill. The Shire's prosperity is built around the thriving mining - copper, lead, silver, zinc, gold - and pastoral industries, which are strongly supported by a wide range of attractions and activities, that make it a major tourist destination.

Cobar is a bustling and prosperous town with a strong mining history. Cobar boasts a strong and reliable workforce which has a wide range of skills, particularly in mining and supporting industries, trades, retail and agriculture. A good supply of general labour is available to meet the needs of new and expanding businesses.

Property Code: 3263