On offer by EOI is a beautifully presented motel, featuring 20 good sized, high standard rooms plus a fully refurbished 30-seat restaurant and licensed bar (currently not operating or included in the figures). Large 3-bedroom managers residence.
Grafton is seeing excellent growth and is a strong motel town. Home to many annual sporting events and the famous springtime Jacaranda festival Grafton attracts many visitors wanting to explore all the region has to offer.
Selling with 9 years remaining on the lease. Don't miss this opportunity, call now to book an inspection.
EOI closes 12noon Friday 27 October 2023
- Short lease sale
- Quality property
- Strong repeat business
- Strong regional town
- Good potential upside for owner operator
- Net Profit $203,000
This is a quality motel for someone looking to make good profits at a low buy in price.
Property Code: 1193