Outstanding Leasehold opportunity with the largest motel in Parkes, NSW

Description

Outstanding Leasehold opportunity with the largest motel in Parkes, NSW Perfectly located on the southern end of the Newell Highway, this motel features 39 rooms with a 3.5-star AAA rating and ample parking for all different demographics of clientele. Parking options include space for trailers, camper-vans, trucks and semi-trailers. The motel facilities include a swimming pool, two conference rooms which are located adjacent to the restaurant and bar, and are highly sought-after by business and government organisations that regularly visit the region. With the region currently experiencing a large amount of commercial development, this will continue to assist with the motel's occupancy all year round. With a long 28-year lease in place, this motel shows a long period of continued growth and stability for the new operators. Long 28-year lease in place Spacious and well-appointed manager’s residence Easy-to-manage facilities and grounds Largest motel in town with 39 rooms High return on investment with $327,395 net income Outstanding facilities including a swimming pool and restaurant Property inspections are by appointment only