Leasehold Motel for Sale - Northern Riverina Region

30 days ago

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Internal Ref: 1P3117

Summary

The property has recently undergone over $500,000 in refurbishment, positioning it as one of the region's premier motels. We believe there is strong potential to further enhance performance by driv...

About the Business

The property has recently undergone over $500,000 in refurbishment, positioning it as one of the region's premier motels. We believe there is strong potential to further enhance performance by driving room rates and increasing revenue over time. Ideally located in the heart of town, the property benefits from a highly desirable and convenient setting.

- 24 spacious rooms approx. 24m²
- Rent $275,000 per annum (excluding GST)
- 30-year lease term
- 3.5 Star standard
- Land area 4,447m² (approx.)
- On-site restaurant
- Licensed
- On-site parking
- In-ground pool
- Full commercial kitchen
- Motel laundry
- Guest laundry


MQ Property ID 1P3117

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