Link Business

Freehold Motel Investment With Long Lease

Listing: #NSW09950
price

$645,000

Profit

Refer to Broker

industry

Riverina


Amit Gupta

Broker | Sydney

Amit Gupta

amit.gupta@linkbusiness.com.au

+61 2 9899 1999

+61 491616144


About this Freehold for sale in Riverina

Freehold Motel Investment With Long Lease

Excellent opportunity to purchase this passive investment motel in Riverina NSW.

  • Secure tenant and a long 20-year lease in place
  • Annual rent of $42,000 + GST
  • Tenant pays all outgoings
  • Over 7% rental return on the asking price
  • Well maintained property
  • Rare offering as the only motel in town
  • Property next to the golf course
  • 21 rooms built over 6000sqm of land
  • Large 4 bedroom managers residence
  • Property inspections are by appointment only

About the Property

  • Land Area:  6000sqm
  • Building Area: Refer to Broker
  • Occupancy: Tenant (20 years long lease)
  • Whole building
  • Parking: On site (30 cars)
  • Projected annual return:  Refer to Broker
  • Photos of Floor plan: Refer to Broker
  • Virtual Tour: Refer to Broker
  • Inspection Schedule: By Appointment Only

Please contact Amit Gupta for more information about this property and lease.

Listing ID: NSW09950

Broker: Amit Gupta
Phone: 0491 616 144
Email: amit.gupta@linkbusiness.com.au

To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09950

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Sydney
amit.gupta@linkbusiness.com.au
+61 2 9899 1999
+61 491616144

Amit Gupta

Enquire Now

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.