Glen Innes, New South Wales

$895,000

Property Description

Centre Of Town Location Freehold Motel 17% ROI NSW

This Freehold Motel is a family owned Three to Three and a half star motel, offering 17 spacious ground floor units all with ensuite bathrooms. The motel offers a variety of rooms to accommodate all requirements.
The Motel is in the centre of town and sit on a very large block of 2,600sqm.
It presents in good condition and has a rising occupancy.
The current vendors do not use any web site booking agency, so a big up side for incoming tenants.
This one would be great to put managers in or split off a Lease.
Net Profit of $160,000 TBC

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

A B Brokers

Jim Beard
A B Brokers

Phone

Listing Tools

This listing last updated: 15th September 2018

Property Map

Map Location ( get directions )

Glen Innes, New South Wales 2370 Exact map location not provided

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