The Memphis Motel is located in the fast-growing growth area of Parkes. The motel features 24 rooms on site with all rooms having cooking appliances for guests. The motel also has an in-ground pool, an undercover guest BBQ area, solar panels to minimise operators' expenses and a three-bedroom manager's residence on site.
The Memphis Motel has 27.5 years remaining on the lease and boasts an adjusted net profit last year of $431,753. The motel is being sold at $1,350,000 so don't let this one pass you by and arrange an inspection today.