Acquire Newell Motor Inn: Prime Freehold with High Occupancy & Growth
GILLENBAH, NSW, NSW
Description
Acquire Newell Motor Inn: Prime Freehold with High Occupancy & Growth ResortBrokers is delighted to bring to market the Newell Motor Inn, a remarkable freehold going concern in Narrandera. Priced at $3,470,000, this asset offers a 16% yield on a nine-month adjusted net profit of $562,981. Spanning 4.05 hectares, it features 23 rooms, a non-operational restaurant, and runs at high occupancy. Recent upgrades include solar panels, a UV water filter, and enhanced security. With ample parking, a pool, and barbecue facilities, this opportunity is ideal for both seasoned and new operators. Positioned for growth with nearby solar farm developments, this is a rare market offering. Prime Freehold asset in a thriving district Restaurant facilities available, currently not operational High occupancy and stable tariffs Significant trade growth this financial year Adjusted net profit of $562,981 in nine months Ideal for both experienced and new operators Inspections by appointment only
Financials
- Asking price
- $3,470,000
- Net profit
- $562,981
- Revenue
- —
- Profit multiple
- 6.16x
- Revenue multiple
- —
Agent
Chris Kelly
