LEASEHOLD SALE | Expression of Interest (EOI): $550,000 - $600,000
SALE TYPE: LEASEHOLD SALE - BRAND NEW LEASE
Australian National Real Estate is pleased to offer this outstanding investment opportunity prominently located in the heart of Finley, NSW - the Centre of tourism within the Bega Valley.
Beautifully presented Motel offering 17 well-appointed and modern suites with diverse room configurations, secure parking, BBQ area and a rare and Three-bed Manager Residence - (3 Bedroom | 2 Bath | 2 Car park with a back yard.)
Set on a Large 5084 sqm block of Undetermined or Village Zoned land the Motel is set within superbly maintained grounds. Located along the busy Newell Highway the Motel has excellent passing trade plus corporate and contractors working in the area.
- Set on a Large 5084 sqm block.
- Easy to manage and most guests prefer - single-level accommodation
- Ideal location along the busy Newell Highway
- 17 well-equipped and modern rooms
- 3-bedroom 2 Bath 2 Car garage family residence
- Ample and secure off-street parking
- Opportunity to develop an online and social media presence.
- This is a fantastic opportunity for the savvy owner/operator to enter the Motel industry.
Finley Palm Motor Inn Motel
Total Rooms: 20 Rooms (Included Manager's residence) | Land size: 5,600 sqm
Net Profit: $301,621 (GST excl) 2022/23
$315,744 (GST excl) 2021/22
Annual Rent: $120,000 (plus GST & outgoing) as at Settlement with annual CPI adjustments
Initial Lease Term: 5 years from Settlement
Lease Options: 6 x 5 years (New 30-year lease from Settlement)
Leasehold Price: $550,000 - $600,000 (All offers considered)
Contact Las Widanage or Alexandra Visic to arrange an inspection or to discuss all this excellent property has to offer.
- All enquiries, we will respond less than in 24 hours.
- Please note: Property inspections are by appointment only.
*PLEASE NOTE: Open for Inspection Times and Property Availability are subject to change or cancellation without notice. Please refer to the listed inspection times. If no inspection time is available or you are not able to make the listed times please select Book an Inspection Time or Contact Agent and register your interest. We highly recommend registering for an inspection you are going to attend to avoid disappointment for cancellations. If you are registered to attend an inspection you will be notified via SMS if the inspection is cancelled.* Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Property Code: 4143
