Forbes, New South Wales

Leasehold $450,000

Property Description

34% ROI Leasehold Regional Motel, Newell Highway - 1P3685M

14 Room Leasehold Motel For Sale in Picturesque Town.

Offered for the first time in over 16 years is this wonderful 14 room motel with a long 30 year lease.

The owners are ready to retire and would like to see a new owner take over and enjoy what the motel has provided them with over the years.

The motel is well maintained and presents well. The owners residence provides a large 4 bedroom, 2 bathroom home to relax with a private yard.

Situated just off the highway allows guests to enjoy a quiet stay, and only a couple of minutes walk to cafes, restaurants, hotels and shops.

• Excellent return - 34%
• Only 50m from cafes, restaurants, hotels, club and shops
• Quiet setting
• Easy to maintain & operate motel
• No Restaurant – B&B only

Property Summary

Motel Information

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

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:NSW - Central & North West

Marketing Agent


Marketing Agency

CRE Brokers

CRE Brokers

CRE Brokers

Scott Taylor
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Forbes, New South Wales 2871 Exact map location not provided

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