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Glen Innes NSW 2370

Glen Innes NSW 2370

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, FREEHOLD $1,150,000

AFFORDABLE FREEHOLD WITH UPSIDE - 566MF

    - 12 room Freehold all ground floor.

    - Busy highway position.

    - Under cover parking outside every room.

    - 1.3 km to city centre.

    - Land size 4,000 m2 plus - sufficient unused land for expansion (see previous DA STCA).

    - All new hot water systems.

    - 70 solar panels, expandable.

    - Simplified business operation with upside.

    - Potential upside from F&B, IT, reviews and marketing.

    Family of three operated freehold motel business with upside opportunities for energetic or experienced operator. This tidy business can run with a team of three or a couple and one casual.

    It's a simple motel operation without pool, food, or alcohol, and includes extra land space onsite to add more units (see previous DA - STCA).

    An excellent opportunity for the right owner. Currently showing 14% return.

    Net Profit: $128,249 for 2022/23 (as provided by vendor)

    Contact Tony Neale from Tourism Brokers for further information or to arrange an inspection.

    Property ID: 566MF (quote when enquiring)

    Property Code: 4967

    Tourism Brokers
    Tourism Brokers
    170 Scarborough St
    Southport, QLD 4215

    Property Highlights

    Floor Area1 m²
    Land Area4,000 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019264094
    Category
    Last updated  22 Oct 2024
    Map for Glen Innes NSW 2370
    Tourism Brokers
    Tourism Brokers
    170 Scarborough St
    Southport, QLD 4215

    Property Highlights

    Floor Area1 m²
    Land Area4,000 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019264094
    Category
    Last updated  22 Oct 2024

    Listed by

    More about Glen Innes NSW 2370

    Glen Innes NSW 2370 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1 m² and a land area of 4,000 m². The listing ID for this property is 2019264094.

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