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Riverina Leasehold, New 30 Year Term, Strong Trader - 984ml For Sale

Narrandera, New South Wales, Australia
Asking Price:
LEASEHOLD $895,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Great motel town location, excellent opportunity.

- 22 room motel leasehold in NSW Riverina.

- High occupancy, lots of repeat trade.

- Consistent long-term performer.

- Long lease with affordable rent ratio.

- Centre of town on Newell Highway.

- All the hard work done, setup for new owner.

- Intersection of Newell and Sturt highways.

- Close to club, shops, food outlets.

- Strong highway trade, lots of infrastructure projects.

- Secure future.

Narrandera is Riverina based country town of approx. 5,000 residents situated on the Newell and Sturt Highways. It is a rural based town with agriculture being prominent as part of the Murrumbidgee irrigation area.

Net profit: $246,353 for 2022/23

Contact Graham Matthews from Tourism Brokers for further information or to arrange an inspection.

Property ID: 984ML (quote when enquiring)

Property Code: 4545