» »
1559MF - Gem of a Freehold Motel

INVERELL NSW, 2360

For Sale

Property for Sale in INVERELL NSW, 2360

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119

Listing ID:
11334470
Status:
Active
For:
Sale
Price:
Freehold $1,730,000
Last Updated:
26/07/2019
Icon building

Property Type

Hotel/Leisure
Icon square

Land Area

N/A
Icon size

Floor Area

1 SQM
Icon parking

Parking

N/A

1559MF - Gem of a Freehold Motel

- Recently renovated and occupancy is increasing

- 24 rooms of varying configuration

- Closed restaurant and bar (non-operational for over 4 years)

- Large residence with 3 bedrooms and multiple outdoor areas

- Separate furnished Granny flat and large two-bay shed on private grounds

- Salt water pool and barbeque area for guests

- Thriving country town on main highway with lots of repeat guests

This is one of the best package deals I have seen for a long time. Older style motel that has undergone a total transformation under the care of the current owners. Despite renovations ongoing for over three years the motel has doubled its occupancy and has a bevy of loyal guests who return time after time.

There are 24 renovated rooms – the majority are downstairs and all have easy parking and access. Everything except for three bathrooms is new in every room. How rare is that to buy a motel and not have to spend big chunks of money. There is also ample space onsite for larger vehicles, trucks, coaches, etc. New management would reap the rewards of the current owner’s hard work from day one.

In addition to the renovated motel you have a three bedroom residence with the living area downstairs for ease of motel operation. There are two entertaining areas for the owner and a large private yard with two-bay shed.

FREE BONUS - fully renovated self -contained and furnished granny flat that could cater for an extended family or be added to your rentable rooms. With open plan kitchen/dining area leading to a small deck, a separate lounge and ensuited bedroom this is often sort but rarely found.

Looking for income and lifestyle in a friendly country town then this has to be at the top of your to inspect list. Call now as gems like this do not hit the market every day.

Net Profit $276,807 for 2017/18

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1559MF (quote when enquiring)

Property Code: 3034

For more details, please email agent

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119


More properties from Tourism Brokers
For Sale
BAIRNSDALE VIC, 3875

BAIRNSDALE VIC, 3875

Land/Development
For Sale
NAMBOUR QLD, 4560

NAMBOUR QLD, 4560

Hotel/Leisure
Sold
BALLARAT CENTRAL VIC, 3350

BALLARAT CENTRAL ...

Hotel/Leisure
For Sale
TOOWOOMBA CITY QLD, 4350

TOOWOOMBA CITY QL...

Hotel/Leisure
Sold
HORSHAM VIC, 3400

HORSHAM VIC, 3400

Hotel/Leisure
For Sale
STANTHORPE QLD, 4380

STANTHORPE QLD, 4380

Hotel/Leisure
More properties from Inverell
For Lease
95 Ring Street, INVERELL NSW, 2360

95 Ring Street, I...

Industrial/Warehouse
For Lease
Unit 4 / 60 Oliver Street, INVERELL NSW, 2360

Unit 4 / 60 Olive...

Other
For Sale
INVERELL NSW, 2360

INVERELL NSW, 2360

Hotel/Leisure
For Lease
27 Brissett Street, INVERELL NSW, 2360

27 Brissett Stree...

Industrial/Warehouse
For Sale
INVERELL NSW, 2360

INVERELL NSW, 2360

Hotel/Leisure
For Lease
90 Ring Street, INVERELL NSW, 2360

90 Ring Street, I...

Industrial/Warehouse
Loading...