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Leasehold Motel, Dubbo For Sale

Dubbo, New South Wales, Australia
Asking Price:
$1,275,000 (AUD)
Sales Revenue:
$800,000 (AUD)
Cash Flow:
$250K - $500K (AUD)

Dubbo (pop 36,000) is a thriving city located on the Macquarie River at the junction of the Mitchell and Newell Highways. The city services a large area of Central and Western NSW and offers all modern facilities for locals and a steady stream of travelers.
This very modern 4 star motel offers 16 ground floor units & 5x2 bedroom apartments – can cater for a variety of guests – and a 3 bedroom residence.
Situated on the busy Newell Highway close to the main CBD, with an abundance of food outlets & club nearby, but no restaurant.
Complete with 11kw solar panels recently installed. Showing 72% occupancy and 2019FY turnover in the high $800,000 with comparable sales to end March this year. Full financial reports are available to prospective buyers upon signing our confidentiality agreement

Property Information

Real Estate:

Lease

Lease Terms:

31 years

Leasehold Rent:

$185,000 (AUD) per annum

Living Accommodation:

4 star motel offers 16 ground floor units & 5x2 bedroom apartments – can cater for a variety of guests – and a 3 bedroom residence.

Location:

Newell Highway in Dubbo

Premises Details:

4 star motel offers 16 ground floor units & 5x2 bedroom apartments and a 3 bedroom residence.

Business Operation

Competition / Market:

Various but this is very good.

Employees:
Proprietors plus staff
Years established:
1990s

Other Information

Support & training:

Provided

Contact Information

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