Address available on request,
Cooma, NSW 2630

Hotel, Motel & Leisure

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Exceptional Snowy Mountain leasehold motel that practically runs itself! | Resort Brokers ID : LH007604

Opportunities of this quality rarely come to market in the Snowies, and White Manor Motel offers an outstanding opportunity in one of Australia’s top tourist destinations. The current leasehold owners have successfully operated the motel for several years and have this business running so well that they are able to manage the property off-site. With over 21 years still remaining on this successful leasehold, an astute investor should be quick to consider this exceptional opportunity.

- Impeccably maintained 12-unit motel
- Over 21 years remaining on lease
- Located in a vibrant regional town
- Opportunity to add owners residence to letting pool
- Main street presence
- Rare leasehold in a tightly held motel town
- High-performing motel with excellent presentation
- Extensive renovations done by both tenant and landlord
- Well-run operation with owners able to manage property off-site
- Property inspections are by appointment only

Additional information

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Cooma, 2630 demographic data

The median household income for Cooma is $1,374, 4% lower than Regional New South Wales's household income of $1,434. Cooma has an older age profile compared to the rest of Regional New South Wales (median age 44 vs 43). Property ownership data shows 42% of property owners in Cooma have a mortgage.

6,715

Population

$1,374 per week

Median household income

44 years

Median age

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Most residents

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