Sold

Nearing 50% Return With 35 Year lease Under $200k!

Our vendors are demonstrating their motivation to move to venture next and have packaged their proposition and your next lifestyle move accordingly! An easy to operate 19 room 3.5 stars rated property ready to merely build on the opportunity which awaits. Live like you’re at home and take advantage of a business with completed capital works, boasting new operational upside.

  • 19 tastefully decorated 3.5 star standard solid double brick structure.
  • There is nothing for you to spend directly.
  • Ground floor corporate and leisure motel.
  • Separate large 3 to 4 bedroom homestyle residence. You must view the renovated bathroom!
  • Perfectly functional commercial breakfast kitchen.
  • Ample shed and garage storage for all of your large toys.
  • Regular midterm secure income in 3 of the self-contained rooms.
  • Plenty of freehold upside.

 

 

NB: Property inspections are by appointment only

Listing Ref LH005412
Property Type Motel
Sale Type Leasehold
State NSW
Region North Coast
Suburb South Kempsey
Net Profit $90,502
Price $199,000
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Greg James

Interested? Why not give Greg James a call on 0416 247 068 or

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