Address available on request Cobar, NSW 2835
0.52ha (1.29 acres)
2536MI - Four Star Investment Motel!
• Modern 36 Unit Motel
• Well established Tenancy
• Rent adjustment to promote sustainability of the tenancy
• Strong Trading history
• Most appealing 9.3% Return
• Opportunities like this are rare
• Contact us now for further details
Annual Rent: $400,000 ex GST
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2536MI (quote when enquiring)
Location: Cobar Shire is located in the Orana Region of central northern New South Wales, about 700 kms north-west of Sydney and 650 kms north of Canberra. It is on the crossroads of two major highways - the Kidman Way linking Melbourne to Brisbane and the Barrier Highway linking Sydney to Adelaide via Broken Hill. The Shire's prosperity is built around the thriving mining - copper, lead, silver, zinc, gold - and pastoral industries, which are strongly supported by a wide range of attractions and activities, that make it a major tourist destination.
Cobar is a bustling and prosperous town with a strong mining history. Cobar boasts a strong and reliable workforce which has a wide range of skills, particularly in mining and supporting industries, trades, retail and agriculture. A good supply of general labour is available to meet the needs of new and expanding businesses.
Property Code: 2987
Property ID: 503041130Last Updated: 10 May 2019