Accommodation/Tourism for sale
34% ROI Leasehold Regional Motel, Newell Highway - 1P3685M
14 Room Leasehold Motel For Sale in Picturesque Town.
Offered for the first time in over 16 years is this wonderful 14 room motel with a long 30 year lease.
The owners are ready to retire and would like to see a new owner take over and enjoy what the motel has provided them with over the years.
The motel is well maintained and presents well. The owners residence provides a large 4 bedroom, 2 bathroom home to relax with a private yard.
Situated just off the highway allows guests to enjoy a quiet stay, and only a couple of minutes walk to cafes, restaurants, hotels and shops.
• Excellent return - 34%
• Only 50m from cafes, restaurants, hotels, club and shops
• Quiet setting
• Easy to maintain & operate motel
• No Restaurant – B&B only
- Business Category: Accommodation/Tourism
- Business Sub Category: Motel
- Highlight Feature: A:LEASEHOLD
- Highlight Feature: B:MOTEL