40% ROI Freehold Motel – Newell Highway - 1P4986M
CRE Brokers are proud to be appointed the Exclusive Agency for this bargain-priced Freehold Going Concern Motel.
A fantastic opportunity to purchase a freehold going concern motel showing a 40% return on investment, at a price cheaper than most homes.
• $467,000 Turnover for 2019/20
• Solid brick construction
• 13 ground floor rooms
• 11 Metre outdoor Swimming Pool
• Newell Highway Location
• Off Street Parking – Room For Trailers
The economic future in the region is tipped to be bright for the accommodation industry for years to come thanks to the ongoing influx of workers serving a range of new projects & industries.
The motel is approximately 5 hours from Sydney and 3 hours from Canberra on the Newell Highway, Australia's major inland touring route, midway between Melbourne and Sydney.
Make an offer and this could be yours.