Riverina Leasehold, New 30 Year Term, Strong Trader - 984ml

Narrandera, New South Wales 2700

SOLD

Key Features

AI generated. Contact seller to confirm.

  • 22 room motel leasehold
  • High occupancy and repeat trade
  • Consistent long-term performer
  • Long lease with affordable rent
  • Centre of town on Newell Highway
  • Strong highway trade and infrastructure projects
  • Turnover: Not disclosed
  • Net Profit: $246,353
  • Rent/Lease: Lease in place
  • Stock Value: Not disclosed
  • Established: Not disclosed

Business Details

Business Category Motel

Great motel town location, excellent opportunity.

- 22 room motel leasehold in NSW Riverina.

- High occupancy, lots of repeat trade.

- Consistent long-term performer.

- Long lease with affordable rent ratio.

- Centre of town on Newell Highway.

- All the hard work done, setup for new owner.

- Intersection of Newell and Sturt highways.

- Close to club, shops, food outlets.

- Strong highway trade, lots of infrastructure projects.

- Secure future.

Narrandera is Riverina based country town of approx. 5,000 residents situated on the Newell and Sturt Highways. It is a rural based town with agriculture being prominent as part of the Murrumbidgee irrigation area.



Net profit: $246,353 for 2022/23




Contact Graham Matthews from Tourism Brokers for further information or to arrange an inspection.

Property ID: 984ML (quote when enquiring)

Property Code: 4545

What's Nearby

Contact Seller
Tourism Brokers Tourism Brokers
Graham Matthews

Bsale ID: 614427