Taree, New South Wales

Leasehold $450,000

Property Description

Mid North Coast Leasehold Motel with 37% Return on Investment - 1P4725M

EXCLUSIVE TO CRE BROKERS. 21 Rooms with River Views - Great Potential!

This motel provides 21 rooms of various configurations, a 4 bedroom manager's residence, pool, BBQ area, ample parking, along with a 50 seat restaurant that is currently only used for self-serve continental breakfasts, that allows the purchaser to open the restaurant for dinner service, meeting venue etc.

. Views of the river from all rooms
. Large managers residence
. Opportunity to reopen restaurant
. 37% ROI
. Plenty of upside can be achieved with minor improvements

Property Summary

Motel Information

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

Other Features / Notes

A:LEASEHOLD, B:MOTEL

Marketing Agent


Marketing Agency

CRE Brokers

Darren Leaney
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Taree, New South Wales 2430 Exact map location not provided

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