Dubbo, New South Wales

$950,000

Property Description

DUBBO LEASEHOLD - TICKS ALL BOXES

* 23 units all with kitchens and all bathrooms fully renovated
* Adjusted net profit $279 083 2018
* Low rent $149 180 - this is only 35% of total profit !!!
* 25 years (from 22/3/19) remaining on lease
* 9kw solar system - great saver of power costs.
* directly opposite lovely park which runs down to the Macquarie River
* stong occupancy 66% and tariffs $110 to $350
* 25 sealed parking spaces - some (8) undercover.
* T/O $613 871 2018

Property Summary

Business Snapshot

Price: $950,000 Net Profit: $304,000

Motel Information

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

Marketing Agent


Marketing Agency

Jim McDonald Brokers

Jim McDonald Brokers

Jim McDonald Brokers

Jim McDonald
Jim McDonald Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Dubbo, New South Wales 2830 Exact map location not provided

Similar Properties