Grafton, New South Wales

Leasehold $590,000

Property Description

1203ML - QUALITY FAR NORTH COAST LEASEHOLD

- Modern 4 star motel on main road to CBD.

- 20 well maintained rooms of varying configurations.

- Regular trade and rep clientele.

- Large 3 bedroom, 2 bathroom residence - suitable for a family.

- Experienced staff in place to ensure ease of operation.

- 70 solar panels have reduced running costs.

- Good landlord and 25 year lease terms.

Upgraded 25 year lease on offer for this excellent quality motel with nothing to spend. Due to its location, residence size and excellent schooling and sporting options in the town, this would be a great choice for a couple or family. The motel rooms are all in excellent condition, the grounds very, very easy to maintain and the clientele is good quality.

Grafton is thriving with the government spending millions of dollars on infrastructure work that will ensure business in town continues to thrive.

Current long-term owners have all systems and staff in place to allow enthusiastic new owners to reap the rewards and make hay while the sun shines.

Don’t miss out on your opportunity to cash in on this great buy. Private inspections only.

Net profit $213,355 for 2018/19

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1203ML (quote when enquiring)

Location: One of Australia's most beautiful provincial cities, Grafton is renowned for its Jacaranda trees, graceful old buildings, sporting and cultural facilities, and its location on the banks of the Clarence River. As the thriving commercial hub of the Clarence Valley, Grafton has a range of great shopping, award winning restaurants and a smorgasbord of entertainment from the many pubs and clubs. Outdoors, every turn reveals a stunning vista. Manicured gardens glow with seasonal blossoms and, throughout the year, Grafton's stately streets and parks host festivals and community celebrations that attract thousands of visitors.

Property Code: 3045

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

Tourism Brokers

Tony Johnson
Tourism Brokers

Phone

Listing Tools

This listing last updated: 11th September 2020

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Map Location ( get directions )

Grafton, New South Wales 2460 Exact map location not provided

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