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220mi - Solid Long Term Investment With A Proven Track Record - Fantastic Opportunity For Sale

Broken Hill, New South Wales
Asking Price:
Investment $2,780,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Rare investment opportunity with a strong money making tenant.

- Strong lease. (32 years remaining including options)

- Strong profile property and position, walk to CBD, Hospital and a number of other attractions.

- 32 award winning rooms.

- $300,000 spent in 2012 to build a huge conference room and bar with more spent on the entire property in 2015.

- All of the motel rooms have been refurbished and are in good condition.

- In-ground pool with shade sail and entertaining area, ample parking, renovated reception, commercial and guest laundry, detached hotel providing a public bar, restaurant, commercial kitchen, two storerooms, barbeque area and office.

- Property of 3,035 m²

- A property you would be proud to own!

Annual Rent: $250,000 pa plus GST

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

Property ID: 220MI (quote when enquiring)

Property Code: 2966

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