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Glen Innes NSW 2370

Glen Innes NSW 2370

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, FREEHOLD $1,500,000

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  8 Dec 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  8 Dec 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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