Unique Leasehold Opportunity in the Heart of Griffith
Unique Leasehold Opportunity in the Heart of Griffith
Unique Leasehold Opportunity in the Heart of Griffith
Unique Leasehold Opportunity in the Heart of Griffith
Unique Leasehold Opportunity in the Heart of Griffith
Unique Leasehold Opportunity in the Heart of Griffith
Unique Leasehold Opportunity in the Heart of Griffith

Unique Leasehold Opportunity in the Heart of Griffith

$1,600,000 - $1,800,000Sold

This well-maintained, beautifully presented 4 star motel is centrally located in the main street of Griffith in regional NSW. With a growing trade and 24 years remaining on the lease this property offers an outstanding business opportunity.

Key Features

  • Main street location, only 5 kilometres from the airport and minutes to shops & restaurants.
  • 42 room, 4 star rated, 24 years remaining on lease.
  • Comfortable two bedroom manager’s residence.
  • Indoor heated spa pool, sauna and gym.
  • Rooms feature air-conditioning, new beds, flat screen TVs, Foxtel and broadband.
  • Strong cash flow business, showing further increases in occupancy and turnover in first 5 months of 15/16
  • Quality facilities and presentation, nothing to spend.

 NB: Property inspections are by appointment only

Key Details

Listing Ref: LH004063
Property Type: Motel
Region: NSW - Murray
Suburb: Griffith
Sale Type: Leasehold
Net Profit: $680,238
Price: $1,600,000 - $1,800,000

Location

Listing Agent(s)

Agent Feedback

Russell, Thanks for assisting both of us in the transaction of Ulladulla Pigeon House Motor Inn Purchase. Our first Motel purchase in Australia. At times it seemed difficult to work on this transaction being overseas in USA for most of the time, but your quick responses by email or phone made this very easy.Your network of people are also of great value and assitance. You have great qualities as a sales agent, up front, trustworthy and you have the best/quickest communication response time I have ever experienced. I would recommend you to all my friends and family in future. Thanks again Mate !!!    

- Denesh & Soni Chandra
Vendors,
Ulladulla Pigeon House Motor Inn

In March 2013 we contacted Russell re selling our caravan park, we had had our park with other agents with no success , one didn't even come to inspect the place, we did all the work. Russell  met with us within 3 days & immediately  had all information on the website We knew Russell was working for us, he had several inspections, he communicated with us at all times so we were kept up with all happenings.As we were not resident at the park this very important to us Our Park was sold within 6 months  Russell was always professional & approachable, nothing was a trouble ,we have the highest regard for him

- Faye & Peter Mansell
Vendors,
Junee Tourist Park

 We purchased through resort Brokers recently and found the service from Russell to be outstanding.  We informed Russell what were were looking for, what we expected, and what expectations we had and he provided excellent service. Russell was present at our settlement and has provided good advice and opinion with his experience in the industry.  Thanks to all at Resort Brokers!

- Paul and Marnie TWOFOLD BAY MOTOR INN