887ML - Only Motel in strong Central West Town!

Leasehold $395,000

2,411 m2
  • This is a must to inspect!
  • 16 well-presented units
  • Spacious 2,411sqm block
  • Fully independent residence
  • Restaurant facilities currently not in use
  • Continue operation as Bed & Breakfast or introduce Food and beverage
  • It’s a great opportunity!

In the hills of the Macquarie Ranges, 32 km north of Orange on the Mitchell Highway, Molong is a thriving rural town with plenty of old-world charm. In the heart of the rich agricultural shire of Cabonne, Molong is at the centre of a rich farming district producing wheat, sheep, wool and cattle, fruit and wine. The town is known for its food and wine, so stock up on local produce and wine fresh from the farm gate or cellar door.

Molong has continued to grow though slowly and steadily over the years and today has a population close to 2,000 people. The town plays a central role in the Shire Council area as it contains the administrative offices of Cabonne Council and is also the service centre for many smaller district centres.

Net Profit: $81,374 for 2018/19

Contact Graham Matthews from Tourism Brokers for further information or to arrange an inspection.

Property ID: 887ML (quote when enquiring)

Price Leasehold $395,000
Location Molong
Property ID 887ML
Category

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