Profitable Motel In The Heart Of The Riverina - Leasehold
Profitable Motel In The Heart Of The Riverina - Leasehold
Profitable Motel In The Heart Of The Riverina - Leasehold
Profitable Motel In The Heart Of The Riverina - Leasehold
Profitable Motel In The Heart Of The Riverina - Leasehold
Profitable Motel In The Heart Of The Riverina - Leasehold
Profitable Motel In The Heart Of The Riverina - Leasehold
Profitable Motel In The Heart Of The Riverina - Leasehold
Profitable Motel In The Heart Of The Riverina - Leasehold

Profitable Motel In The Heart Of The Riverina - Leasehold

$1,050,000Sold

The Acacia Motel in Griffith is a rare offering - an easy to run leasehold property in a booming regional centre that provides strong financial returns and a great country lifestyle.

Key Features

  • 3.5 star rated Golden Chain Motel with 30 ground floor units
  • Centrally located close to Griffith centre on large 2455sqm block
  • Fully refurbished with new bathrooms in all units
  • Spacious three bedroom owner/manager residence
  • Easy to run profitable business in busy regional city
  • Communal barbecue in garden setting
  • In-ground swimming pool
  • Popular with business travellers and enjoying high repeat custom
  • Net Profit:$300,000 plus

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH004228
Property Type: Motel
Region: NSW - South West Riverina
Suburb: Griffith
Sale Type: Leasehold
Net Profit: $300,000
Price: $1,050,000

Listing Agent(s)

Agent Feedback

Selling our Canberra property was a big step for us after 22 years. It was a complex ‘hybrid’ sale that involved management rights plus a large number of freehold units. It also hinged on gaining the agreement of many other individual owners to sell their units. Ian Crooks and Russell Rogers of Resort Brokers Australia handled what were lengthy negotiations with diligence, persistence and discretion. Their insight and knowledge of the market were invaluable in getting the deal across the line. At the same time, their patience and attentive service helped to smooth the whole process for us. Resort Brokers' expertise delivered a successful result for everyone involved.

- Jim Stanwell
Vendor,
Canberra Capital Executive Apartment Hotel

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

Russell acted for us in the sale of our property, Pigeon House Motor Inn in Ulladulla. We found him professional, experienced and his negotiation skills were outstanding in a situation which, at times, was not straight forward. He kept us informed at all times, attended the inspection and during the process right up to settlement, conducted himself as every good Broker should. Congratulations and our many thanks Russell and we look forward to dealing with you in the future.

- Allen & Jenny Hoadley
Vendor,
Pigeon House Motor Inn