Address available on request,
Bourke, NSW 2840
Hotel, Motel & Leisure
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199MF - Huge Net Return - Freehold Motel
Reliable money making machine with a significant cashflow
Net return on asking in excess of 22+%, Money, Money, Money!!
Absolute bargain buy opportunity, the existing owners want to travel
4048m2 on 2 titles with ample space and room for expansion
29 rooms of various configurations including budget standard and executive rooms
2 houses: onsite huge three bedroom residence and on adjoining property four bedroom home used for long term stays. Able to accommodate two families, your in-laws or your parents
Kitchen and residence recently renovated
Pool recently resurfaced
Spacious executive rooms that offer full conveniences
Profile highway position
Walk to club and CBD - yes this is a profile B&B
Established pool area, landscaping and barbeque facilities
Able to split the lease and the freehold and create an investment as part of any exit or retirement plan
Comprehensive financials and photographs available upon request and signing confidentiality agreement
Fantastic opportunity to secure a very high and solid income with a freehold motel that is established and very well run. The existing owners are wanting to remain in the area and will assist with relief management, etc. which adds more value.
Net profit $363,932 for 2013/14
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 199MF (quote when enquiring)
Property Code: 429
Net return on asking in excess of 22+%, Money, Money, Money!!
Absolute bargain buy opportunity, the existing owners want to travel
4048m2 on 2 titles with ample space and room for expansion
29 rooms of various configurations including budget standard and executive rooms
2 houses: onsite huge three bedroom residence and on adjoining property four bedroom home used for long term stays. Able to accommodate two families, your in-laws or your parents
Kitchen and residence recently renovated
Pool recently resurfaced
Spacious executive rooms that offer full conveniences
Profile highway position
Walk to club and CBD - yes this is a profile B&B
Established pool area, landscaping and barbeque facilities
Able to split the lease and the freehold and create an investment as part of any exit or retirement plan
Comprehensive financials and photographs available upon request and signing confidentiality agreement
Fantastic opportunity to secure a very high and solid income with a freehold motel that is established and very well run. The existing owners are wanting to remain in the area and will assist with relief management, etc. which adds more value.
Net profit $363,932 for 2013/14
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 199MF (quote when enquiring)
Property Code: 429
Additional information
External websites
Property ID: 500274017Last Updated: 19 Oct 2015
04331379...
Address available on request
Bourke, NSW 2840
Tourism Brokers - NSW, QLD, VIC & TASCentralised Administration: 32 Lamorna Ave
BEECROFT, NSW 2119
BEECROFT, NSW 2119
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