Sold

1703MI - Rare Investment Offering - 9% Return

SOLD

Situated in one of the strongest motel trading towns in NSW this 23 unit 3.5 star motel has recently undergone a major refurbishment to both the external facade and the interiors of all rooms. New landscaping and signage enhances the street frontage and fresh paintwork to the brickwork, windows and doors adds to the repositioning of this popular destination.

Only 3 hours south of Sydney and within 40 minutes of Canberra this property is a favourite for commercial travellers, local industries and tourists alike. The rooms are comfortable and there is undercover parking for motor vehicles in front of each room.

Prominently located opposite the oval and public swimming pool this property offers over 4,000 sqm of land overlooking the river from the rear of the property.

The restaurant is easy to manage by the lessee and mainly serves the needs of in-house clients.

Rent $98,854.80 as at 1st September 2014

Contact Peter Middlebrook, your exclusive agent from Tourism Brokers, for further information or to arrange an inspection.

Property ID: 1703MI (quote when enquiring)
Price SOLD
Location Yass
Property ID 1703MI
Category Motel

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