Grafton, NSW 2460

Region: NSW - North Coast

Sale Type: Motels - Leasehold

For Sale

$540,000

Profit: $210,000

OUTSTANDING QUALITY LEASEHOLD MOTEL IN THRIVING NSW NORTH COAST TOWN

We are pleased to have been appointed to market this excellent Leasehold opportunity. This motel is in the thriving NSW North Coast town of Grafton.

On offer is a beautifully presented motel, featuring 20 good sized rooms, a 30-seat restaurant and licensed bar, currently catering for in-house guests only.

The motel is well located on the main road into Grafton CBD. Business in Grafton is seeing excellent growth with several major projects under way including the Pacific Highway bypass, the $240 million construction of a new bridge in the centre of town and the construction of a new 1700 inmate prison (the largest in the country).

There is a fantastic 3 bedroom managers residence and the property has easy to maintain yards and gardens. The current owners have just installed a 70-panel solar system that will benefit the new owner.

The motel has excellent long-term cleaning staff.

The current owners have been at the property 10 years and now it’s time for new owners with fresh ideas to continue this excellent business.

Call to book an inspection today.

Details

  • Listing ID: R2-1682562
  • Property Type: Motels
  • Sale Type: Leasehold
  • Region: NSW - North Coast
  • Suburb: Grafton, NSW 2460

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