Sold

1467ML - 33% Return and Growing

SOLD

There are a few core principles when running a successful motel and the most important principle is that guests like where they stay. This motel is Rated No 3 on Trip Advisor, a great platform to continue to grow your business.

  • 24 spacious ground floor rooms
  • Prominent corner position at the intersection of the Newell and Mid Western Highways
  • Large recently resealed carpark, also suitable for larger vehicles and trailers
  • Diverse customer base from travelling tourists, commercial representatives, trades, agribusiness and gold mining
  • Consistent occupancy for the last 3 years around 70%
  • On site Restaurant and Function Centre used for training, business meetings and weddings.

Here's your chance to become part of a well-regarded rural community and take this motel to the next level.

Net Profit $191,159 for 2017/18

Contact Peter McHugh from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1467ML (quote when enquiring)

Location: Wyalong is located 4.4 kms from West Wyalong and is a historic town from the late gold rush years of the 1890's. Wyalong's residents enjoy wide streets, large blocks, and strong community spirit contributing to a village atmosphere. There are a number of businesses in Wyalong, which provide essential services as well as those little extras! Wyalong is an attractive country town which many hundreds of thousands of people pass through each year. It is also rich in the history and romance of the past.

West Wyalong is the administrative centre and largest town in the Bland Shire, which forms part of the Central West region of NSW. Its position on the Newell Highway, 139 kms from Parkes, makes it an important stop for travellers. The area is a successful agricultural centre, producing most of the State's cereal crops and it is once again a major centre of gold mining, with many hundreds of millions invested in a new gold mine north of the town.

Price SOLD
Location West Wyalong
Property ID 1467ML
Category Motel

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