Kingswood Motel
Kingswood Motel
Leasehold $295,000
SOLD - Kingswood Motel, Tocumwal NSW - 1P0230
Agent
Dan McDonald
0437838368
Kingswood Motel
Leasehold $295,000
EXCLUSIVE TO MHB
Fantastic Leasehold Value!
Rare entry level motel under $300K located in an NSW tourism hotspot on the Murray River.
A genuine offering to market, this delightful 21 room motel in the bustling tourism centre of Tocumwal on the mighty Murray River simply won`t last on the market long.
A growing business during Covid disrupted trading along NSW border centres along the Murray, this beautifully maintained property has enormous potential.
Key Features:
* 21 rooms with diverse room accommodation options
* Excellent forward booking revenue (approx. $120K)
* Ample off street guest parking for cars, boats and trailers
* In-ground salt water swimming pool & BBQ area
* 4 x acre property ideally located in tourism centre of Tocumwal
* Very affordable rent with good lease terms
* 3 x bedroom residence
* Well maintained and landscaped grounds
* Recent and ongoing improvements/refurbishments
* NSW Liquor Licence
* Close to the Tocumwal Golf Course (with many golf package bookings)
* Underutilised restaurant/conference centre with sub-lease capacity
* Fantastic NSW tourism location
A reluctant sale due to family ill health, this 21 room motel business for under $300K with excellent lease terms is on offer here so don`t hesitate on this one!
And, with the domestic market now well and truly reopened, the next operator of this rare opportunity will enjoy the large and varied events that run each year around the area and the positive location nestled in a township located next to the mighty Murray River and all this destination has to offer.
An inspection is a must and will not disappoint!
Contact Dan McDonald at MHB direct on 0437 838 368 to book an inspection of this terrific property.