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Leasehold Motel, Forbes C.nsw For Sale

Forbes, New South Wales, Australia
Asking Price:
$435,000 (AUD)
Sales Revenue:
$370,000 (AUD)
Cash Flow:
$100K - $250K (AUD)

Easily one of the best country motel listings we have seen. Forbes is a very popular “stopover” and tourist town on the Newell Highway in its own right, offering all modern services. Motel offers 3.5 star rating, 16 well maintained units, full size proprietor’s residence, in ground swimming pool, separate booking room, and leafy grounds all across from parkland and an easy walk to town alongside the lake. In short, an excellent inspection.
No restaurant, high return rates and consistent positive reviews make this a great business opportunity with a quality lifestyle for the operators. Approx 22 years lease

Property Information

Real Estate:

Lease

Leasehold Rent:

$94,800 (AUD) per annum

Living Accommodation:

3BR residence for operator, 16 units for guests

Location:

Just off Newell highway in picturesque park and lakeside location

Premises Details:

Full size residence plus 16 guest rooms

Business Operation

Expansion Potential:

Significant for couple

Competition / Market:

Various but this one is busy

Years established:
1980s

Other Information

Support & training:

Provided

Contact Peter Campbell Real Estate

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