Freehold Motel, Grong Grong, S.NSW Ref. W. 717

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  • $ $398,000
  • Property Type:

Vendor Finance Available

An attractive opportunity to purchase a freehold motel offering a lifestyle & income all in one modern property for the price of a house only

This exceptional 10 room motel is situated on the Newell Highway approx. 23 kilometres east of Narrandera, 114 kms to West Wyalong & 82 kms from Wagga Wagga. The Newell is the major internal highway connecting Brisbane Qld to Melbourne Vic, and traffic rates are high.

The motel enjoys a steady stream of travelers & has a reputation for repeat business & excellent home cooked meals. The restaurant is presently used solely for guests but can be opened to the public to increase revenue Licensed to seat 50. A rating of 9.5 on booking.com has been achieved by contented guests. The owners have invested heavily on bringing the motel into a model place for guests to enjoy – improvements include carpets, tiles, all new air conditioners, television’s, hot water systems, freshly painted, new bedding  – the list goes on. All the improvements have been done, so future maintenance requirements will be low indeed. This is the first time this motel has been offered for 12 years. The owners have bought property in their European homeland & require an early sale                                             Land area approx. 4000m2 situated on 2 blocks.

Offers above $350,000 considered

 

Enquiries: Neville 0408 694132, Peter 0412 694069

All information contained in this website has been supplied to us by the vendors for the use of intending purchasers, and has not been verified by this office. Potential purchasers should therefore make their own enquiries, and seek professional advice. Since prices for businesses can vary, the latest information should always be sought.All inspections must be arranged via our office.

Price:$$398,000
City:Grong Grong
State:NSW

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