Forbes NSW 2871

Hotel, Motel, Pub & Leisure
1 m²
Sold

FREEHOLD INVESTMENT MOTEL FOR SALE - BUSY HIGHWAY TOWN CENTRE LOCATION - GREAT POTENTIAL

Description: Large B&B motel on busy highway town centre location. Excellent condition. Property has been renovated over the COVID-19 period. Very easy to operate. Great potential to increase revenue.

Star Standard: 3½ star.

Construction: Mostly brick with fibro panels. Colorbond roof and double brick partitions

Lease Expires: 2046

Rent: $141,718 per annum

Age: 1970s

Clientele: Reps, travellers, workmen for mines, roads, Telstra etc

Land Area: 1,973sqm (Approx.)

Chain Affiliation: N/A

Laundry: Heavy Duty Equipment

Restaurant: No. Short walk to cafes, restaurants, hotels and clubs.

Services: Large well-equipped kitchen, open courtyard parking, barbecue, Wi-Fi, fully fire rated.

Residence: 2 bedroom with built-in wardrobes, own kitchen, open plan living area, bath/toilet, laundry. Ideal residence for couple or small family.

Comment: Central to the CBD and within easy stroll to the RSL Club and restaurants. This Motel is a rare investment opportunity.

MQ Property ID:
1P2795

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Manenti Quinlan & Associates

Suite 101, Level 1, 74-76 Burwood Road

Burwood, NSW 2134

Property Highlights

Date Sold	10 May 2024
Floor Area	1 m²
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2019226457
Category	Hotel, Motel, Pub & Leisure
Last updated	11 Jul 2024

Map for Forbes NSW 2871

The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.