Sold

1624ML - Big Motel - Big Money Earner!

SOLD

35 units Leasehold Motel in the strong Central West town of Parkes
Impressive Newell Highway frontage
3 year average of Turnover in excess of $800k with approximately 90 % in Accommodation
Long Lease and very favourable Rent
Underutilised, well-equipped Restaurant and Commercial Kitchen
Showing a 34% Return on a 3 year average
Contact us now for further details

Net profit expect $300,000 in 2013/14

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1624ML

Parkes is located on the Newell Highway, 365 km west of Sydney, on the western edge of the Great Dividing Range, in central west New South Wales. The town is a thriving commercial centre servicing the surrounding agricultural district, and the developing mining, government, and transport industries.

Approximately 40,000 people visit Parks for annual festivities such as: The Elvis Festival, The Christmas Parade, The Country Music Festival, Australia Day Celebrations, Vintage Car Rallies, Sporting events, CSIRO Radio Telescope (better known as the dish), and many other local events.
Price SOLD
Location Parkes
Property ID 1624ML
Category Motel, Resort, Guest House/B&B

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