West Wyalong, New South Wales

Leasehold $595,000

Property Description

1467ML - 33% Return and Growing

There are a few core principles when running a successful motel and the most important principle is that guests like where they stay. This motel is Rated No 3 on Trip Advisor, a great platform to continue to grow your business.

- 24 spacious ground floor rooms

- Prominent corner position at the intersection of the Newell and Mid Western Highways

- Large recently resealed carpark, also suitable for larger vehicles and trailers

- Diverse customer base from travelling tourists, commercial representatives, trades, agribusiness and gold mining

- Consistent occupancy for the last 3 years around 70%

- On site Restaurant and Function Centre used for training, business meetings and weddings.

Here's your chance to become part of a well-regarded rural community and take this motel to the next level.

Net Profit $196,959 for 2016/17

Contact Peter McHugh from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1467ML (quote when enquiring)

Location: Wyalong is located 4.4 kms from West Wyalong and is a historic town from the late gold rush years of the 1890's. Wyalong's residents enjoy wide streets, large blocks, and strong community spirit contributing to a village atmosphere. There are a number of businesses in Wyalong, which provide essential services as well as those little extras! Wyalong is an attractive country town which many hundreds of thousands of people pass through each year. It is also rich in the history and romance of the past.

West Wyalong is the administrative centre and largest town in the Bland Shire, which forms part of the Central West region of NSW. Its position on the Newell Highway, 139 kms from Parkes, makes it an important stop for travellers. The area is a successful agricultural centre, producing most of the State's cereal crops and it is once again a major centre of gold mining, with many hundreds of millions invested in a new gold mine north of the town.

Property Code: 2856

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

Tourism Brokers

Peter McHugh
Tourism Brokers

Phone

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Property Map

Map Location ( get directions )

West Wyalong, New South Wales 2671 Exact map location not provided

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