Motel in Holbrook Ref:A.244

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                          Owners say Sell, Sell, Sell !!!      

            Huge price reduction    New low low price

        A long lease with a Return On Investment of nearly 40%

Holbrook is situated on the Hume Highway between Sydney & Melbourne approx. 45 minutes to Albury Wodonga (pop 95,000) & a similar distance to Wagga Wagga (pop 63,000) A very popular stop for motorists travelling between the large capital cities. Holbrook is a rich, diverse rural area complementing a healthy tourism trade 

The Motor Inn is a modern brick three & half star motel in the heart of Holbrook comprising a total of 20 units with a combination of twin, family & spa rooms. A modern commercial kitchen & fully equipped dining room is presently not operating but can be quickly up & running

A large 3 bedroom manager’s residence together with all amenities adds to the desirability of this business

Built in 1985, refurbishments have been completed for most of the units with tariffs starting from $115 to $189 per night.

This motel is presently part of the Golden Chain group but can be independent if desired by the new owner

The new price guarantees a lot of buyer interest & suggest interested persons register with the agents for further information and an early inspection Up to date financial reports available

 

 

For Sale: $360,000

Rental:  $95,769 P.A.+GST +outgoings

Lease Term:  21 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:$$360,000
City:Holbrook
State:NSW
Zip Code:2644

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