Coonabarabran, New South Wales

Leasehold $690,000

Property Description

Regional Newell Highway Leasehold Motel, 37 Rooms - 1P4612M

Popular Highway Stopover, Long Lease, Steady Return

This motel is well worth considering with 20 of the 37 rooms renovated and a landlord that reinvests $5k annually back into the property, located in a popular highway stopover between Brisbane and Melbourne and walking distance to cafes, restaurants and hotels.

Onsite 50 seat licensed restaurant – currently closed. Ready to operate or lease.

Opportunities include:

• 37 rooms
• 20 rooms renovated
• Landlord reinvests $5,000 per year into maintenance
• 25 year lease
• Popular Newell Highway stopover and rep town
• Restaurant could be reopened or leased

Property Summary

Motel Information

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

Other Features / Notes

A:LEASEHOLD, B:MOTEL

Marketing Agent


Marketing Agency

CRE Brokers

Scott Taylor
CRE Brokers

Phone

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Map Location ( get directions )

Coonabarabran, New South Wales 2357 Exact map location not provided

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