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Narromine NSW 2821

Narromine NSW 2821

  • Hotel, Motel, Pub & Leisure
  • 3,256 m²
  • For Sale, $450,000

Untapped revenue potential, attractive yield and strategic location in Narromine | Resort Brokers ID : LH008328

    ResortBrokers presents the Stockman Motor Inn, a long-standing motel in Narromine with a solid reputation. Located on the main road, it's one of only two motels in town. The motel offers a variety of room configurations with new bedding for enhanced comfort.

    An unused commercial kitchen and restaurant present untapped potential for additional revenue. With a generous 13-year lease and over 50% yield, this is a highly profitable investment.

    The 2023 Adjusted net profit of $291,753 demonstrates strong financial performance. Don't miss this opportunity to uplift yield.

    - Prime location on the main thoroughfare of Narromine, one of only two motels in town
    - Untapped potential with an unused commercial kitchen and restaurant for additional revenue
    - Long-term security with 13 years remaining on lease
    - Highly profitable leasehold being sold at over a 50% yield
    - Strong financial performance with a 2023 adjusted net profit of $291,753
    - Enhanced guest comfort with new bedding throughout the motel
    - Spacious onsite management quarters for convenient operation
    - Inspections are by appointment only

    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Floor AreaAsk Agent
    Land Area3,256 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019428672
    Category
    Last updated  15 Dec 2024
    Map for Narromine NSW 2821
    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Floor AreaAsk Agent
    Land Area3,256 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019428672
    Category
    Last updated  15 Dec 2024

    Listed by

    More about Narromine NSW 2821

    Narromine NSW 2821 is categorized as Hotel, Motel, Pub & Leisure Property. It has a land area of 3,256 m². The listing ID for this property is 2019428672.

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