667MI - A Quality Motel, Halfway Between Sydney and Adelaide

SOLD

11,231 m2

Corporate executive property in profile position.
Near the crossroads of the Cobb Highway and Mid-Western Highway.
35 ground floor rooms - all rooms including bathrooms have been updated and refurbished.
60 seat restaurant/conference centre and fully equipped large commercial kitchen.
Well established.
Rated No 1 on Trip Advisor.
8% Return on Investment.
Passive Freehold Investment

Opportunities like this are rare and with a series of multi-million-dollar solar farms to commence construction in 2019 this is a real opportunity. The existing owners have held the business for in excess of 10 years and a new lease is being created with a corporate tenant.

An oasis of modern accommodation halfway between Sydney and Adelaide. This spacious property has it all after a long drive. Good food and quality accommodation are the minimum standard when you stay.

This business will not last long. Call for an inspection today.

Annual Rent: $255,000 plust GST

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 667MI (quote when enquiring)

Location: A friendly rural community, Hay is situated on the picturesque Murrumbidgee River, about halfway between Sydney and Adelaide and just over 400 kilometres from Melbourne. Hay is a progressive and proactive community with agriculture the main base of the economy but in recent years the community has embraced tourism. This diversification has created a range of employment and business opportunities in the private and government sector.

Hay's geography, climate and environment are conducive to a range of agricultural and pastoral activity. The Hay Shire is well known for its Merino sheep and wool industry as well as producing a diverse range of commercial crops such as rice, corn, cotton and wheat. Irrigated horticultural land produces lettuce, rockmelon, broccoli, grapes and garlic. Hay is centrally located to transport this produce to markets in Sydney, Melbourne, Adelaide and Canberra. The potential to value add in the horticultural industry is extensive.

Price	SOLD
Location	Hay
Property ID	667MI
Category

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IMPORTANT MESSAGE TO ALL PROSPECTIVE PURCHASERS AND LESSEES

If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

To: Tourism Brokers Pty Ltd & Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers
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Having declared in general principle, that I/we have a genuine interest in Tourism Brokers listing/s, I/we now request that, in your capacity as broker for the Vendor, you supply us with a copy of a current “Information Memorandum” (the “Memorandum”) or similar, describing the requested listing/s in further detail. I/we undertake that the Memorandum or similar additional information, will be used for no purpose other than to assist me/us in determining whether I/we/our client wish to purchase or lease the said business/property listed. [note, if you are a professional adviser or similar acting on behalf of a client or some third party, you are required to nominate your client’s name below]. I/we agree that the Memorandum and any other information or material made available to us (written, verbal or otherwise) via Tourism Brokers or the Vendor or their Solicitors, will remain strictly confidential.

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a) The information and material will only be distributed on a “need to know basis” to me/us, our senior executives or directors of our company, and /or professional advisers and financiers to my/our company, and I/we shall take responsibility that all parties involved will be bound to and will adhere to the terms of this agreement.

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