Hotel - Motel - Freehold - Investment - Hotel Motel Freehold Investment - Nw Nsw - Strong Rental Return Of Nearly 8%

Hotel - Motel - Freehold - Investment - North West NSW - Agent SBX Code Number: F3489

Hotel Motel which is a well-known establishment with 7 newly renovated motel rooms. Each room is equipped with brand-new queen beds with fresh linen, air-conditioning, side tables, a lounge, and a private ensuite, creating a comfortable and homely stay. Guests can also enjoy quality pub meals and drinks on-site, making it a convenient and welcoming place to relax. Extra facilities include spacious country-style public bar featuring a long timber counter with stools, along with a variety of tables and chairs for seating. The restaurant accommodates up to 20 guests, Outside, a beautifully landscaped area includes covered sections and bench seating for a relaxed atmosphere. The well-equipped hotel kitchen is designed to handle guest demand, complete with commercial appliances, gas facilities, generous bench space, and a walk-in cool room.

Potential
To more online marketing of the facilities

Features
Prime Location Convenient stopover on the Cobb Highway for travellers.-Essential amenities Accommodation, dining, fuel, and postal services available. Agricultural hub which supports local farming and livestock industries.-Rural Charm with wide main street and authentic outback atmosphere.

Premises
One bedroom residence onsite with ensuite and air conditioning

Location
Situated within the Central DarlingShire local government area and is now more of a stopping off point for tourists headed North and South along the Cobb Highway in North West NSW

Trading Hours
7 days - 7.30 am to 5 pm

Lease
10 year lease commenced 5th August 2020 with a further 2 x 10 year options. - Current annual rent is ($103,292 including GST)with annual rental reviews. All outgoings are paid by the tenant.

Employees
Currently under management.

Comments
Nestled along the Cobb Highway in NSW Australia, this is a quaint rural township situated between the Lachlan and Darling rivers, part of the Central Darling Shire which has evolved into a convenient rest stop for travellers journeying North or South. Despite its small size it remains a hub for the regions pastoral industry, continuing to support agricultural activities across the Shire. The town is distinguished by its notably broad main street and offers essential amenities, including accommodation, a licensed club with dining options, a hotel, cafes, a post office, and fuel services. This is the only hotel-pub within a 200 km radius in each direction and is a mining town The mining contract is secured for the next 30 years. Only the property is being sold at this stage, but the business can be purchased if there is interest. Current pub and hotel were built in 1996 and motel rooms were built in 2014. Please do not approach management of the business - contact your SBX broker

Agent SBX Code Number: F3489 - Sydney Business Exchange