LEASEHOLD MOTEL FULLY REFURBISHED SHOWING 36% ROI

Outstanding offering, leaseshold Motel located in the beautiful NSW Northern Tablelands town of Inverell. This is a great opportunity to secure a 24 room motel that is showing consistent increase in income over the past 3 years.

All the hard work has been done by the current owners with the property undergoing a major refurbishment to all rooms, presenting to a very high standard. There is a restaurant that is currently not operating but is ready for new owners re-establish offering further upside.

The mangers residence is a good sized 3 bedroom over 2 levels and the property also has a beautiful fully renovated granny flat that can be rented out to add to the profit. All this is priced to sell offering buyers a 36% ROI.

This motel is a must to inspect.

  • 24 Rooms
  • Restaurant & Bar (currently to operating)
  • Fully refurbished
  • Turnover continuing to rise
  • 36% Return on Investment
  • BONUS fully renovated Granny Flat, could be let out to add to profit.
Suburb Inverell
Price LEASEHOLD $450,000
Property Type business
Property ID 376
Category Accommodation/Tourism
Office Area 1m2

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Scott Saunders

0432 144 822
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