Taree, New South Wales

$345,000

Property Description

NSW LEASEHOLD MOTEL SHOWING OVER 47%, PRICED FOR IMMEDIATE SALE!!

Accommodation Business Brokers are delighted to have been appointed to market the
leasehold interest of Midlands Motel in Taree NSW.
The Vendor is very motivated to sell for family reasons and as such has reduced
the asking price significantly to a firm purchase price of $345,000. Original listed
price was $435,000.
The Motel offers guests a choice of room types and has 20 rooms.
Located on the Mid North Coast of NSW, with river views and a few minutes' walk to
the CBD, this offering will attract all buyers looking for good returns on a quality
property. The motel provides the ideal location to stay for guests looking for
accommodation whilst exploring or working in the region.
2019/20 Actual income is showing HUGE 47% Return on
Investment for this motel at the reduced price.

Property Summary

Motel Information

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

Marketing Agent

Julian Garness
Julian Garness

Marketing Agency

A B Brokers

Julian Garness
A B Brokers

Phone

Listing Tools

This listing last updated: 28th September 2020

Property Map

Map Location ( get directions )

Taree, New South Wales 2430 Exact map location not provided

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