Coonabarabran, NSW 2357

Region: NSW - Central West

Sale Type: Motels - Leasehold

Sold

$690,000

Profit: $257,000

37 ROOM LEASEHOLD MOTEL WITH OVER 37% RETURN IN NSW FOR SALE

We are very pleased to present the leasehold interest of this very attractive Country Motel, located in Coonabarabran in NSW.

Coonabarabran is the gateway to the Warrumbungle and is also the Astronomy Capital of Australia. Coonabarabran offers a variety of attractions for all ages.

The Motel comprises 37 rooms and a 2 storey Manager’s Residence.

It is on the Newell Highway and is only a short walk to Clubs and Restaurants.

The Motel enjoys a high level of return guests who are from both the Corporate and leisure markets.

There is good profits to be earned here, but there is also room for growth.

This property is a must to inspect and will suit all buyers.

Details

  • Listing ID: R2-1964126
  • Property Type: Motels
  • Sale Type: Leasehold
  • Region: NSW - Central West
  • Suburb: Coonabarabran, NSW 2357

Listing Agents

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