MOTEL LEASEHOLD FOR SALE - NSW NORTH WEST SLOPES

$360,000

Description: Attractive 3.5 star brick and tile motel 400 metres to town centre. 12 Large spacious rooms

Length of Lease: 15 Years - Plus Landlord is offering an extra 5 years

Rent: $103,190

Turnover: 22/23 $303,082; 21/22 $231,918 (COVID affected); 20/21 $270,191 (COVID affected)

Star Standard: 3.5 Star

Occupancy: 75% to 80%

Age: Approx. 30 Years

Residence: Large 3 bedroom residence with 2 ensuites, large living area, private kitchen and laundry. Large linen closet, private yard, garage, lots of storage.

Restaurant: No

Laundry: Yes

Services: Air-conditioned, microwave ovens in all rooms, pool, barbecue playground, garden, Wi-Fi, parking in front of units

MQ Property ID:
1P2766