Link Business
*** SOLD ***

Freehold Motel Investment with Long Lease

Listing: #NSW09950
price

$649,000

Profit

Refer to Broker

industry

Riverina


Amit Gupta

Broker | New South Wales

Amit Gupta

amit.gupta@linkbusiness.com.au

+61 2 9899 1999

+61 491616144

This listing is no longer taking enquiries as it is SOLD

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 manager's 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

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

New South Wales
amit.gupta@linkbusiness.com.au
+61 2 9899 1999
+61 491616144

Amit Gupta

Enquire Now
This listing is no longer taking enquiries as it is SOLD

*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.