McDonald Hospitality Brokers | Hotel, Motel & Caravan Park Brokers
Leasehold $148,500
SOLD - Country Roads Motor Inn, Narrandera NSW - 1P0037
Agent
Ian McDonald
0408217734
Leasehold $148,500
Perfect entry level property for the first time Motelier!
Beautifully presented throughout, the Country Roads Motor Inn is situated in the thriving regional hub of Narrandera in country NSW.
The Motel is perfectly located just off the Newell and Sturt Highways, and is close to Narrandera`s town centre and only an hours drive to the large regional cities of Wagga Wagga or Griffith.
Built in 1985 the Motel features 14 well appointed rooms with single, queen/double, twin and family suite options, in ground swimming pool, BBQ area, ample guest parking and a 2/3 bedroom family residence set within well maintained and low maintenance grounds.
Featuring:
* Very good 53% (approx.) Buyers Yield
* Extra Lease years available
* Easy to operate
* Strong NSW Riverina accommodation town
* Prominent corner location
* Repeat corporate trade
* 3 bedroom family residence
* Diverse room formats including a disabled suite
* Priced to meet the market
* Great development potential
Easy to run and operate, perfect for a couple wanting to combine business and lifestyle. Offering the buyer fantastic value for money for a Leasehold Motel with good owner/manager accommodation.
Contact Ian McDonald at MHB to arrange an inspection of this terrific business opportunity.