Parkes, New South Wales

$1,250,000 Freehold

Property Description

1076MF - Genuine Freehold Opportunity that Can't be Missed!

  • Buy the Freehold and sell a Lease.
  • Owner is committed elsewhere and wants it sold!
  • Big Freehold Motel with plenty of growth.
  • 24 Ground Floor units.
  • Big 1.18ha block with huge development potential.
  • Will sell for far less than replacement value.
  • Get in and gain!
  • Popular, well established Motel
  • It's an opportunity you can't miss!

Net profit $220,000 to $230,000 expected

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

Property ID: 1076MF (quote when enquiring)

Location: Parkes is located on the Newell Highway, 365 km west of Sydney, on the western edge of the Great Dividing Range, in central west New South Wales. The town is a thriving commercial centre servicing the surrounding agricultural district, and the developing mining, government, and transport industries.

Approximately 40,000 people visit Parks for annual festivities such as: The Elvis Festival, The Christmas Parade, The Country Music Festival, Australia Day Celebrations, Vintage Car Rallies, Sporting events, CSIRO Radio Telescope (better known as the dish), and many other local events.

Parkes Shire promotes itself as the 'Crossroads of the Nation' as the Shire is strategically located on the Newell Highway, at approximately the mid-point of the main highway and route for travel, between Melbourne and Brisbane, and between Adelaide and Brisbane. Parkes has excellent road links in all directions to other major centres, and is well positioned as an inland transport hub at the crossroads of north-south highways and the east-west rail corridor.

Property Code: 2088

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

Tourism Brokers

Tourism Brokers

Tourism Brokers

Peter McHugh
Tourism Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Parkes, New South Wales 2870 Exact map location not provided

Similar Properties

JERILDERIE
2483CPF - Freehold Business

$1,195,000 Freehold
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

503MI Cooma Road NARRABRI
503MI - A Rare Investment Opportunity!

AUCTION - INVESTMENT
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

TENTERFIELD
Frehold Motel New England Nsw

$1,200,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers

503CPI Cooma Road NARRABRI
503CPI - A Rare Investment Opportunity!

AUCTION - INVESTMENT
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

2462MI Maxwell Street WELLINGTON
2462MI - Unique Investment Opportunity

AUCTION - INVESTMENT
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers
BEACHFRONT MANAGEMENT RIGHTS FOR SALE IN COFFS HARBOUR
Exclusive

COFFS HARBOUR
BEACHFRONT MANAGEMENT RIGHTS FOR SALE IN...

$1,200,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers