1624ML - Take a Closer Look at these Numbers!
- Well maintained 35 room motel
- Excellent rent to sales ratio 15.5%
- Landscaped Gardens
- Very strong room rate
- Strengthening Occupancy
- Indoor heated pool and spa
- Spacious 2 bedroom managers residence
Tourism Brokers are pleased to offer the North Parkes Motel to the market. This motel has the key attributes to make this motel a standout opportunity.
Benefit from the quality work, direction and momentum of the current owners.
If you are a serious motel purchaser, call now to make an appointment to inspect your next motel.
Net Profit: $147,451 for 2017/18
Contact Peter McHugh from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1624ML (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 NSW. The town is a thriving commercial centre servicing a primary and secondary catchment of around 56,000 people. Parkes is perhaps best known as the home of the "Parkes Observatory", the CSIRO Radio Telescope made famous by the film The Dish. Over 100,000 tourists visit the Dish per year.
Parkes is also home to the world renowned Parkes Elvis Festival with over 25,000 people flocking to Parkes for the event with most motel operators doubling or tripling their rack rates. Many other major events are held throughout the year including the annual Parkes Picnic Races over the June long weekend, The Country Music Festival, various local, regional and national sporting events, Vintage Car Rallies and many other local events.
Property Code: 2895
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -