Easy to run 15 room leasehold motel with upside
Moree, NSW, NSW
Description
Easy to run 15 room leasehold motel with upside ResortBrokers presents the Winchester Motel in Moree, a promising investment with huge upside potential. This low-maintenance property features 15 ground-floor units, secure off-street parking and a large four-bedroom owner's residence with new 20-kw solar system and a new 30-year lease. Easily operated by a two-person team, it's perfect for a first-time operator. With the cheapest lease on the market and significant occupancy and tariff upside, this is an opportunity not to be missed. First to inspect will buy! 15-unit motel with ground floor accessibility Spacious four-bedroom residence for owners, perfect for a large family. Secure off street parking facilities Significant growth potential with untapped occupancy and tariff opportunities. Market-leading lease terms, offering exceptional value. New 20kw Solar System to reduce electricity bills Easily operated by a two person team Ideal for first-time operators seeking entry into the motel industry. Inspection by appointment only.
Financials
- Asking price
- $440,000
- Net profit
- $143,721
- Revenue
- —
- Profit multiple
- 3.06x
- Revenue multiple
- —
Agent
David Faiers
