Parkes NSW 2870

Hotel, Motel, Pub & Leisure
Sold

Outstanding Leasehold opportunity with the largest motel in Parkes, NSW | Resort Brokers ID : LH007371

Perfectly located on the southern end of the Newell Highway, this motel features 39 rooms with a 3.5-star AAA rating and ample parking for all different demographics of clientele. Parking options include space for trailers, camper-vans, trucks and semi-trailers. The motel facilities include a swimming pool, two conference rooms which are located adjacent to the restaurant and bar, and are highly sought-after by business and government organisations that regularly visit the region. With the region currently experiencing a large amount of commercial development, this will continue to assist with the motel's occupancy all year round.

With a long 28-year lease in place, this motel shows a long period of continued growth and stability for the new operators.

- Long 28-year lease in place
- Spacious and well-appointed manager's residence
- Easy-to-manage facilities and grounds
- Largest motel in town with 39 rooms
- High return on investment with $327,395 net income
- Outstanding facilities including a swimming pool and restaurant
- Property inspections are by appointment only