Motel Business West Wyalong

Business For Sale West Wyalong, New South Wales 2671

Business Category Motel

$450,000

Description

Motel Business West Wyalong

West Wyalong is 467 km west of Sydney & 150 km west of Wagga Wagga on the busy Newell Highway
Full size 22 room motel – right on the highway in the town
No restaurant, plenty of eating establishments within walking distance
Easy to operate, high occupancy rates, own linen service
Guest rooms have recently been refurbished
Double brick, rooftop solar panels to reduce energy costs
Pool, BBQ area, side access to property
The large scale gold mine at nearby Lake Cowall, with an extended life expectancy of over 25 years, has guaranteed a lot of accommodation activity in the future. Recent press reports have indicated there are currently another 150 jobs available in the local mining industry
Current interim report shows net profit over $100,000 p.a. during the Covid period
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Bsale ID: 563165
Broker REF: W 791

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