Parkes, New South Wales

Leasehold $699,000

Property Description

Large Leasehold Motel in Strong Regional Centre - Long Lease, 49% ROI - 1P4830M

Easy to Operate 39 Room Motel in Strong Regional Town

Located in Central West of NSW, midway between Melbourne and Brisbane, this motel presents very well and is very well supported by regular clientele that work in the area.

The motel provides:

. 39 ground floor rooms of varying types
. Long lease, 28 years remaining
. 4 bedroom manager's residence
. Pool, BBQ and landscaped grounds
. Set back from the highway
. Restaurant – easy to run
. Recent renovations

The town is a progressive regional centre that also provides a quality lifestyle along with a robust economy that allow business to develop and flourish.

Great opportunity to secure a constant performing leasehold motel, perfect to run under management.

Net Profit: $342,235 for 2019/20

Property Summary

Motel Information

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

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:NSW - Central & North West

Marketing Agent


Marketing Agency

CRE Brokers

Darren Leaney
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Parkes, New South Wales 2870 Exact map location not provided

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