Address available on request Parkes, NSW 2870
Reduced Freehold $3,990,000
1071MF - Immaculate Central West Freehold
- Stunning brick building, terracotta tile roof
- 30 rooms: king spa rooms, family rooms and twins
- Function centre with separate bar
- Guest restaurant
- Modern commercial kitchen
- Room for expansion - STCA
All this located on the Newell Highway in the prosperous central western town of Parkes, which boasts copper / gold mining in the area, a well-regarded agricultural industry, a significant rail hub and freight driver interchange location, and a recently completed regional hospital. In addition, the catering for bus tours is becoming increasingly popular.
The property offers very well appointed rooms which attract strong tariffs and is essentially a Corporate Motel.
Parkes has continued to grow as a significant central west regional destination. Quality freehold properties of this calibre are rare.
Your inspection is highly recommended.
Net profit $512,625 expected for 2016/17 (as provided by vendor)
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1071MF (quote when enquiring)
Location: Parkes is located on the Newell Highway, 365 km west of Sydney, on the western edge of the Great Dividing Range, in central west New South Wales. The town is a thriving commercial centre servicing the surrounding agricultural district, and the developing mining, government, and transport industries.
Approximately 40,000 people visit Parks for annual festivities such as: The Elvis Festival, The Christmas Parade, The Country Music Festival, Australia Day Celebrations, Vintage Car Rallies, Sporting events, CSIRO Radio Telescope (better known as the dish), and many other local events.
Parkes Shire promotes itself as the 'Crossroads of the Nation' as the Shire is strategically located on the Newell Highway, at approximately the mid-point of the main highway and route for travel, between Melbourne and Brisbane, and between Adelaide and Brisbane. Parkes has excellent road links in all directions to other major centres, and is well positioned as an inland transport hub at the crossroads of north-south highways and the east-west rail corridor.
Property Code: 2425
Property ID: 502549406Last Updated: 10 May 2019