Freehold or Leasehold Motel, Cootamundra. S.NSW Ref. W. 688

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Circa 1970s full size motel business, offering 20 guest units, a full size proprietor’s or manager’s residence in an attractive country town on the Olympic Highway.

This two- story motel offers plenty of parking for guests, and an in ground salt pool in a quiet location.

The motel has highway frontage and the advantage of being “first as you hit town” heading North.

All cleaning staff are casual. The owner has made major capital improvements to further enhance the value.

The residence is very comfortable with 3 bedrooms, lounge and separate kitchen adjacent to a modern reception area, plus another former dining room currently used as an office.

The motel is not aligned with any chain & operates from their own website consequently no payments are made to booking agencies. For an owner operator or investor this represents very strong value indeed.

Asking: $650,000 freehold or

$100,000 premium and $900 wkly rental plus GST & outgoings.

Lease Term New 20 years

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:$650,000
City:Cootamundra
State:NSW
Zip Code:2590

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