Business Sold Cootamundra, New South Wales 2590
Business Category Motel
SOLD
Description
Southern Comfort Indeed - 383ml
- High quality Leasehold in Southern NSW.
- Brand new 30 year lease.
- 19 rooms of four-star standard.
- Comfortable two bedroom residence.
- Large parcel of land with plenty of parking.
- Excellent highway location.
- Entire complex in immaculate order. And with no pool there is less maintenance to worry about.
- Consistent strong performer with healthy profits.
- Excellent rent ratio with good return on investment.
- Inspections by appointment only.
- Contact us for more information.
Cootamundra is a beautiful town of approximately 5,000 residents, it is situated on the Olympic Highway in the Northern Riverina Region. It is a rural based town that being the major industry as well as rail infrastructure. An ideal location to start your motel career!
Net Profit: $192,000 for 2020/21 (as provided by vendor)
Contact Graham Matthews and Jen Todd from Tourism Brokers for further information or to arrange an inspection.
Property ID: 383ML (quote when enquiring)
Property Code: 4277
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This business is somewhat unique and has no similar competition in this region, category or price bracket.