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 TownLocated 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
Listing Tools
This listing last updated: 11th November 2020
Property Map
Map Location ( get directions )
Parkes, New South Wales 2870 Exact map location not provided
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