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2536mi - Four Star Investment Motel! For Sale

Cobar, New South Wales
Asking Price:
Investment $4,300,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

• You Can't Miss This!
• Modern 36 Unit Motel
• Well established Tenancy
• Rent adjustment to promote sustainability of the tenancy
• Strong Trading history
• Most appealing 9.3% Return
• Opportunities like this are rare
• Contact us now for further details

Annual Rent: $400,000 ex GST

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

Property ID: 2536MI (quote when enquiring)

Location: Cobar Shire is located in the Orana Region of central northern New South Wales, about 700 kms north-west of Sydney and 650 kms north of Canberra. It is on the crossroads of two major highways - the Kidman Way linking Melbourne to Brisbane and the Barrier Highway linking Sydney to Adelaide via Broken Hill. The Shire's prosperity is built around the thriving mining - copper, lead, silver, zinc, gold - and pastoral industries, which are strongly supported by a wide range of attractions and activities, that make it a major tourist destination.

Cobar is a bustling and prosperous town with a strong mining history. Cobar boasts a strong and reliable workforce which has a wide range of skills, particularly in mining and supporting industries, trades, retail and agriculture. A good supply of general labour is available to meet the needs of new and expanding businesses.

Property Code: 2986

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