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Yass NSW 2582
Sold on 25 Sep 2023

Yass NSW 2582

  • Hotel, Motel, Pub & Leisure
  • Sold

Leasehold for sale in Yass for $745,000 | Resort Brokers ID : LH007825

    Exclusively offered to market for the first time in almost a decade is the leasehold of The Yass Motel. Well positioned on the town's major thoroughfare and opposite the town oval and sporting facilities, this motel features 22 rooms and provides ample accommodation options for a variety of guests.

    The restaurant, equipped with a commercial kitchen, has remained inactive for a few years. Revitalising the restaurant presents an opportunity to enhance the motel's revenue streams.

    The motel has achieved a high total revenue of $461,074 in the past 10 months alone. This figure reflects the motel's ability to generate substantial annual income. With an adjusted net profit of $233,298, the Yass Motel maintains a healthy profit margin, indicating efficient management and cost control.

    - Prominent location with fantastic repeat clientele basis
    - 2023 adjusted Net Profit of $233,298
    - Brilliant year -round strong occupancy
    - Unused restaurant that could be reopened  to increase turnover
    - 19 years remaining on lease
    - Large management quarters
    - Property inspections are by appointment only

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

    Property Highlights

    Date Sold25 Sep 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018658254
    Category
    Last updated  16 Aug 2023
    Map for Yass NSW 2582
    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Date Sold25 Sep 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018658254
    Category
    Last updated  16 Aug 2023

    Listed by

    More about Yass NSW 2582

    Yass NSW 2582 is categorized as Hotel, Motel, Pub & Leisure Property. The listing ID for this property is 2018658254.

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