McDonald Hospitality Brokers | Hotel, Motel & Caravan Park Brokers
Leasehold $720,000
SOLD - Holbrook Town Centre Motor Inn, NSW - 1P0092
Agent
Dan McDonald
0437838368
Leasehold $720,000
EXCLUSIVE TO MHB
A genuine offering to the market with a 42% (approx.) ROI.
A standout 2021 Covid disrupted performer with very good lease terms and conditions. Attractive rent also presents an excellent net profit and buying in the current market.
This 20 room Hume Highway town motel presents exceptional returns in the current market.
Easy to run and operate, the motel offers 20 well-presented rooms with a diverse range of accommodation formats and options, full commercial kitchen and restaurant (not currently trading), liquor licence for 50, guest laundry, ample parking for guests plus a spacious 3 bedroom family residence with reception attached, all set within manicured and landscaped grounds.
Key Features:
* Long lease with approx. 17 years remaining with good terms
* 42% (approx.) Buyers Yield
* Strong turnover during Covid disruption
* 20 motel rooms with diverse accommodation options
* Situated within a popular regional country township
* Spacious 3 bedroom family residence with reception attached
* Commercial kitchen
* Liquor licence – Fully licenced for 50
* Well patronised by repeat clientele
* Excellent signage with appealing street presence
* Perfectly situated halfway between Melbourne and Sydney
* Easy to operate and run
Well priced to meet the market this attractive leasehold motel is a fantastic opportunity for a committed buyer.
Contact Dan McDonald at MHB to arrange your inspection.