Moree, New South Wales

Leasehold $640,000

Property Description

893ML - Big Leasehold, Big Return, Small Price!

- 40% plus Return!

- Huge $1.5m plus Turnover

- 74 Ground Floor units with Licensed Restaurant

- Heavily Staffed

- Big gains for the astute operating couple

- Lease extended to 30 years on settlement.

- Rents high by Industry Standards but it’s a big Money earner!

- It's not for everyone, but it might be just the one for You!

- Contact us now for further details.

The Rent may be high by Industry standards, but you are getting a huge money earner for a relatively small outlay! A Lease Term of 30 years will be offered on settlement.

It offers a big 74 ground floor units with a Licensed Restaurant and has had a consistent Turnover well in excess of $1.5m over the last 5 years! The motel has developed a strong and consistent trade and with a tiered tariff is a major player in the local market.

The current owners have been there for 15 years and are looking at putting their feet up.

With a prominent staffing structure well in place, the owners have plenty of flexibility in their operation of the motel, and there’s big gains to be made by the astute operating couple.

Net Profit $268,070 for 2017/18

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 893ML (quote when enquiring)

Property Code: 3024

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

Tourism Brokers

David Head
Tourism Brokers

Phone

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Map Location ( get directions )

Moree, New South Wales 2400 Exact map location not provided

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