Big Leasehold, Big $$$$ To Be Made! - 893ml
Moree, New South Wales 2400
LEASEHOLD $2,575,000
Key Features
AI generated. Contact seller to confirm.
- 74 ground floor units available
- Main residence with three bedrooms
- Strong corporate trade clientele
- All units in exceptional condition
- Long 35-year lease remaining
- Close to racecourse and golf course
- Turnover: $2.1 million
- Net Profit: $592,370
- Rent/Lease: Reasonable
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Motel
- Exceptional 74 Ground Floor units with Licensed Restaurant.
- Rare as hens' teeth offering: the room numbers are a huge advantage and create significant opportunities.
- Main residence with three bedrooms plus Manager's residence of two-bedrooms with fully renovated kitchen, attached to reception and adjacent to the motel kitchen.
- Strong Corporate trade and well respected clients.
- All units are in exceptional condition.
- Turnover around $2.1m+.
- Big gains for the astute operating couple can be achieved with this rare offering.
- Long 35 years remain on the Lease at a reasonable rent.
- Opposite Racecourse and 5 minutes’ drive from Railway Station and Golf Course.
- Popular Artesian Spa is just 3 kms away.
Due to the strategic position of Moree, significant developments have been happening and continue to be planned for the area. The multi-million-dollar rail link from Sydney is a significant boost for the area and will accelerate the region’s growth.
Adjusted Net Profit: $592,370 for 2024/25
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 893ML (quote when enquiring)
Property Code: 5313
- Rare as hens' teeth offering: the room numbers are a huge advantage and create significant opportunities.
- Main residence with three bedrooms plus Manager's residence of two-bedrooms with fully renovated kitchen, attached to reception and adjacent to the motel kitchen.
- Strong Corporate trade and well respected clients.
- All units are in exceptional condition.
- Turnover around $2.1m+.
- Big gains for the astute operating couple can be achieved with this rare offering.
- Long 35 years remain on the Lease at a reasonable rent.
- Opposite Racecourse and 5 minutes’ drive from Railway Station and Golf Course.
- Popular Artesian Spa is just 3 kms away.
Due to the strategic position of Moree, significant developments have been happening and continue to be planned for the area. The multi-million-dollar rail link from Sydney is a significant boost for the area and will accelerate the region’s growth.
Adjusted Net Profit: $592,370 for 2024/25
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 893ML (quote when enquiring)
Property Code: 5313
What's Nearby
Nearby Locations
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This business is somewhat unique and has no similar competition in this region, category or price bracket.