Taree, NSW 2430

Region: NSW - North Coast

Sale Type: Motels - Leasehold

For Sale

$345,000

Profit: $163,000

NSW LEASEHOLD MOTEL SHOWING OVER 47%, PRICED FOR IMMEDIATE SALE!!

Accommodation Business Brokers are delighted to have been appointed to market the
leasehold interest of Midlands Motel in Taree NSW.
The Vendor is very motivated to sell for family reasons and as such has reduced
the asking price significantly to a firm purchase price of $345,000. Original listed
price was $435,000.
The Motel offers guests a choice of room types and has 20 rooms.
Located on the Mid North Coast of NSW, with river views and a few minutes’ walk to
the CBD, this offering will attract all buyers looking for good returns on a quality
property. The motel provides the ideal location to stay for guests looking for
accommodation whilst exploring or working in the region.
2019/20 Actual income is showing HUGE 47% Return on
Investment for this motel at the reduced price.

Details

  • Listing ID: R2-2537292
  • Property Type: Motels
  • Sale Type: Leasehold
  • Region: NSW - North Coast
  • Suburb: Taree, NSW 2430

Listing Agents

Make an Enquiry

Whether buying or selling, fill out the form below to get in touch with one of our accommodation business brokers.