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687ML - Don't Miss This Leasehold Motel!

INVERELL NSW, 2360

For Sale

Property for Sale in INVERELL NSW, 2360

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119

Listing ID:
11373862
Status:
Active
For:
Sale
Price:
Leasehold $420,000
Last Updated:
17/07/2020
Icon building

Property Type

Hotel/Leisure
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Land Area

1963 SQM
Icon size

Floor Area

1 SQM
Icon parking

Parking

N/A

687ML - Don't Miss This Leasehold Motel!

- It ticks all the boxes!

- Showing a strong 35% Return

- 17 well presented, recently refurbished ground floor units

- Strong consistent Turnover in the mid $400k's

- Well structured, sustainable Rent

- Opposite Bowls Club

- Located in strong New England Motel town

- Contact us now for further details!

Part of the now famous Fossicker’s Way, Inverell is a prosperous, busy regional centre. Located on the Gwydir Highway with a population of 12,000 in the town and 17,500 within the Shire Area. Inverell is a mixed farming district and the business centre is renowned for one of the best shopping centres in country NSW.

Net Profit: $149,422 for 2018/19

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 687ML (quote when enquiring)

Property Code: 3341

For more details, please email agent

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119


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