MOTEL LEASEHOLD FOR SALE - NSW NORTHERN TABLELANDS

SOLD

Description: Modern 4-star Motel with 14 well-appointed rooms. Located in a delightful spot adjoining playing fields. Close to local Town Centre and Clubs.

Lease: 17 Years (expires 2040)

Rent: $141, 927 per annum (net GST)

Star standard: 4-star

Construction: Two storey brick construction with brick partitions and tiled roof.

Age: Completed mid 1999

Clientele: Reps, Workers, Short break and Tourist trade.

Land Area: 1,281m2

Tariffs: From $130 - $195

Laundry: Electric washing machines & gas dryer

Services: Parking in front of units, Covered BBQ area, Reverse cycle split system air-conditioning, 1 Gas hot water system, Garden overlooking parkland, Guest laundry facilities.

Turnover: 2022/23 - $411,694

Comment: Magnificent 3-bedroom Residence with built in wardrobes, large lounge/dining and bathroom and toilet.