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2536ml - Big 4 Star Leasehold Motel Showing A Big 40% Return For Sale

Cobar, New South Wales, Australia
Asking Price:
Leasehold $975,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- You Can't Miss This Big Leasehold Motel!

- Modern 36 Unit with a 4 star rating.

- Well established and strong trading history.

- Recovering strongly from COVID-19.

- Adjacent to Bowls Club - no evening meals!

- Minimum maintenance and a dream to operate.

- Onwers have priced it to sell - make it yours!

- Contact us now for further details.

Net Profit: $390,000 average for 3 years - 2016 to 2019

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

Property ID: 2536ML (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: 3263

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