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944ML - Great Leasehold Motel Opportunity in the Hunter V...

MUSWELLBROOK NSW, 2333

For Sale

Property for Sale in MUSWELLBROOK NSW, 2333

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119

Listing ID:
11293600
Status:
Active
For:
Sale
Price:
Reduced Leasehold $725,000
Last Updated:
14/08/2019
Icon building

Property Type

Hotel/Leisure
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Land Area

N/A
Icon size

Floor Area

1 SQM
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Parking

N/A

944ML - Great Leasehold Motel Opportunity in the Hunter Valley

- The Hunter is on Fire Again!

- Sales growing in excess of $600,000.

- 12 motel rooms plus 3 x 2 Bedroom Apartments and 1 x 3 Bedroom apartment.

- Ease of operation, brick and tile construction, concrete driveways.

- No restaurant, within easy walking distance to dining options.

- High profile location, excellent street appeal.

- Property is currently run under management.

- 18 years remain on the lease from July 2019.

- Very attractive Rent to Net Profit Ratio.

Net profit $281,126 fo 2018/19

Contact Angus Cooke from Tourism Brokers for further information or to arrange an inspection.

Property ID: 944ML (quote when enquiring)

Location: Muswellbrook is a substantial and very attractive country town of historic buildings and tree-lined streets situated beside the Hunter River, 257 km north of Sydney and 26 km south of Scone. It is an expanding centre due to the employment opportunities provided by the eight coalmines in the district, the presence of the Liddell and Bayswater Power Stations and a flourishing wine grape industry.

With a district population of 16,000 Muswellbrook is not just another country town. Boasting excellent, delightful restaurants, a busy and diverse commercial centre, up-to-date health and education facilities, as well as abundant sporting facilities, Muswellbrook really is the ideal location for residents and visitors to work, rest and play.

Muswellbrook and district features a very successful blend of agriculture, commerce and industry. Power generation, coal mining, horse studs, wineries, dairying and agriculture all provide a sound economic base for the area, as well as the prospects for continued growth in the future.

Property Code: 2637

For more details, please email agent

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119


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