Offered to the market for the first time in 29 years, this is truly a golden opportunity. Located within a 450 metre level walk to Dean Street (CBD), this solid well-established business is currently at 67% occupancy with a 35% repeat base. Potential for future re-development STCA

Key Features

  • Great returns – easy to run
  • 16 ground floor rooms with new air-conditioners, 19 car spaces
  • Popular with families, sporting groups and overnight stays
  • Solar heated pool, relaxing BBQ area and Wi-Fi
  • Comfortable residence 3 bedroom, 2 bathroom,  alfresco & private yard
  • Close to schools and sporting facilities
  • Hume Freeway 1km one of Australia’s major intercity national highways
  • Possible re-development blue ribbon area corner site approximately 2418m2

 

 NB: Property inspections are by appointment only

Key Details

Listing Ref: FH005486
Property Type: Motel
Region: NSW - Murray
Suburb: Albury
Sale Type: Freehold Going Concern
Net Profit: $281,004
Price: Interest above $2,150,000

Listing Agent(s)