Taree, NSW 2430

Region: NSW - North Coast

Sale Type: Motels - Leasehold

For Sale

$555,000

Profit: $194,000 expected for 2021

20 ROOM LEASEHOLD MOTEL NORTHERN RIVERS OF NSW WITH 26 YEAR LEASE AND 35% RETURN!!

We are pleased to offer the leasehold interest of this high 3.5 star Motel located in Taree, NSW.

The Motel provides a variety of room types and includes one with disabled facilities.

There is a small Restaurant seating 20 guests.

The commercial kitchen is fully equipped kitchen, and the residence also has a kitchen.

The property is ideal for group bookings boasting a spacious riverside BBQ area, which can also be accessed from the river.

Situated less than 1 kilometre from the main town Centre on the main road into Taree from the North, this is one of the premier Motels in the area.

There is a large and fully self contained residence.

The property is being offered with an expected return of almost 35% for the 2021 financial year!

Details

  • Listing ID: R2-2852545
  • Property Type: Motels
  • Sale Type: Leasehold
  • Region: NSW - North Coast
  • Suburb: Taree, NSW 2430

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