Taree, New South Wales

Leasehold $560,000

Property Description

Well Presented NSW Mid North Coast 20 Unit Leasehold Motel 29.5yr Lease - 1P2873M

The Marco Polo Motor Inn is an excellent opportunity for an experienced management couple to operate this 20 unit Motel to its full potential or someone new to the industry to take advantage of this very well appointed motel.

This Motel For Sale is designed for ease of management from the central Reception which has access to the 20 seat dining room, the Commercial Kitchen and the large 3 bedroom Residence.

The Marco Polo Motor Inn presents very well throughout with very low maintenance issues.

Also Ideal for group bookings with a spacious riverside BBQ area, access from the River can also be obtained from the well constructed Jetty.

Situated less than 1km from the main town centre on the main road into Taree from the north, this is one of the premier motels in the area.

The current owner has decided to move on due to family circumstances, which allows new owners to purchase a very good opportunity.

Net profit 2016/17 of $177,432 (31.7% return) projected.

A must to inspect.

Property Summary

Motel Information

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

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:NSW - North Coast

Marketing Agent


Marketing Agency

CRE Brokers

CRE Brokers

CRE Brokers

Scott Taylor
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Taree, New South Wales 2430 Exact map location not provided

Similar Properties

COPACABANA
2518ML - This Leasehold Motel is a Must to...

Lesaehold $550,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

PARKES
2359ML - 48% Return and the owner says...

Leasehold $495,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

MOREE
888ML - Solid Leasehold with Great Retur...

Leasehold $595,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

GUNNEDAH
High Return Leasehold Inland NSW Tourist...

Leasehold $535,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers

GILGANDRA
548MF - Be Your Own Boss! Affordable...

Freehold $550,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers
Byron Bay Unique Accommodation Opportunity - 1P3874
Exclusive

BYRON BAY
Byron Bay Unique Accommodation Opportunity...

Going Concern $550,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers