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1203ml - Quality Leasehold 30 Mins To The Coast For Sale

Grafton, New South Wales, Australia
Asking Price:
NEGOTIABLE (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Modern 4 star motel with 20 well maintained rooms.

- Regular trade and rep clientele.

- Large upstairs 3 bedroom, 2 bathroom residence, separate to the office for privacy.

- 70 solar panels reducing running costs.

- Good landlord and lease options. Option 1 - current 12 year lease OR Option 2 - 25 year lease (was $590,000 price now negotiable).

This North Coast motel is one of the better properties in town. Due to its location, residence size and excellent schooling & sporting options in the town, this would be a great choice for a couple or a family. The motel rooms are all in excellent condition, the grounds require minimal work and the clientele is good quality.

Yes, numbers are down the last few months due to travel restrictions BUT the motel did show an improvement in 2020 financial year figures compared to 2019 financial year

The long- term owners have all systems and staff in place to allow enthusiastic new owners to reap the rewards and have a very comfortable life as a motelier.

Don’t miss out on your opportunity as the owners have said we are ready to negotiate so get me a deal NOW!

Private inspections only - no time wasters.

Net profit $213,355 for 2018/19

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1203ML (quote when enquiring)

Location: One of Australia's most beautiful provincial cities, Grafton is renowned for its Jacaranda trees, graceful old buildings, sporting and cultural facilities, and its location on the banks of the Clarence River. As the thriving commercial hub of the Clarence Valley, Grafton has a range of great shopping, award winning restaurants and a smorgasbord of entertainment from the many pubs and clubs. Outdoors, every turn reveals a stunning vista. Manicured gardens glow with seasonal blossoms and, throughout the year, Grafton's stately streets and parks host festivals and community celebrations that attract thousands of visitors.

Property Code: 3045

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