Best Motel in Town - 38% Return & New 30 Yr Lease
Best Motel in Town - 38% Return & New 30 Yr Lease
Best Motel in Town - 38% Return & New 30 Yr Lease
Best Motel in Town - 38% Return & New 30 Yr Lease
Best Motel in Town - 38% Return & New 30 Yr Lease
Best Motel in Town - 38% Return & New 30 Yr Lease
Best Motel in Town - 38% Return & New 30 Yr Lease
Best Motel in Town - 38% Return & New 30 Yr Lease
Best Motel in Town - 38% Return & New 30 Yr Lease
Best Motel in Town - 38% Return & New 30 Yr Lease

Best Motel in Town - 38% Return & New 30 Yr Lease

$598,000Sold

On offer is the leasehold of the Centre Point Motel, a newly renovated 24 room motel in the heart of Deniliquin, New South Wales.

Key Features

  • 38% return on investment and good rental.
  • Brand new 30 year lease with a strong 70% occupancy.
  • 24 recently refurbished high quality rooms with new bathrooms..
  • One of the best motels in Deniliquin with a high rating on Tripadvisor.
  • Large three bedroom, three bathroom residence (two bedrooms can be put in inventory).
  • Excellent central location walking distance to town.
  • Strong corporate trade supported by the agricultural industry.
  • Popular with the drive market between Sydney and Adelaide.

 NB: Property inspections are by appointment only

Key Details

Listing Ref: LH003914
Property Type: Motel
Region: NSW - Murray
Suburb: Deniliquin
Sale Type: Leasehold
Net Profit: $225,176
Price: $598,000

Location

Listing Agent(s)