170 Maitland Street, Narrabri, New South Wales

Leasehold $850,000

Property Description

SOLD - 1P3818H

• Country Hotel/Motel with above average Yield
• New 30 Year Lease
• Low Rent to Turnover Ratio
• After Rent Nett of over $340k (before adjustments)
• 2 EGM's + 4 Permits
• $1.4m recently spent on renovations
• Nothing to spend for years
• Winner of the NSW AHA Awards for Excellence 2013
• Two x Ten Pin Bowling Lanes
• Very modern interior with quality furniture and fittings
• Landscaped Beer Garden
• Bistro / Restaurant with popular menu
• 24 Rooms x 4 star Motel Rooms

Property Summary

Hotel Information

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

Other Features / Notes

A:FREEHOLD GOING CONCERN, B:HOTEL/BAR, C:NSW - North West

Marketing Agent


Marketing Agency

CRE Brokers

CRE Brokers

CRE Brokers

Craig Clark
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

170 Maitland Street, Narrabri, New South Wales 2390

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