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Parkes NSW 2870
Sold on 24 Aug 2023

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

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

    Property Highlights

    Date Sold24 Aug 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018233702
    Category
    Last updated  4 Aug 2023
    Map for Parkes NSW 2870
    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Date Sold24 Aug 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018233702
    Category
    Last updated  4 Aug 2023

    Listed by

    More about Parkes NSW 2870

    Parkes NSW 2870 is categorized as Hotel, Motel, Pub & Leisure Property. The listing ID for this property is 2018233702.

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