Peak Hill, New South Wales

Leasehold $59,000

Property Description

Western NSW Leasehold Motel – New 30 Year Lease $59,000 - 1P5101M

CRE Brokers are proud to be appointed the Exclusive Agency for sale of this bargain priced Western NSW Leasehold Motel.

This is a fantastic opportunity to purchase a high performing Motel for only $59,000!

. $467,000 turnover for 2019/20
. Profit $267,000 before rent
. New 30 year lease – Low rent $63,000
. 13 ground floor rooms in very good condition
. 11 metre outdoor swimming pool
. Newell Highway location
. Off street parking with room for trailers

The economic future in the region is tipped to be outstanding for the accommodation industry for years to come thanks to the ongoing influx of workers serving a range of new projects and 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.

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 )

Peak Hill, New South Wales 2869 Exact map location not provided

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