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Very Affordable Freehold Motel With Great Potential! - 894mf For Sale

Moree, New South Wales, Australia
Asking Price:
FREEHOLD $675,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- All Genuine Offers Considered!

- Huge opportunity for the astute Investor.

- Small Freehold Motel with plenty of growth on offer.

- Located in Moree, NSW, a very strong Motel town.

- Currently very underutalised with part-time use only.

- Due to COVID and elderly owner, the property has not run too its full potential.

- 8 double brick units (6 with kitchenette and ensuite) off a common lounge room, kitchen, Laundry and outdoor barbeque area.

- Additional modern 2 bedroom apartment that would be suitable for the owner operator’s residence.

- Low power bills with 18 solar panels (approx. $130 quarter).

- Land size 620 sqm.

- Limited Financials so minimal to nil Bank Finance accessible.

- Low price opportunities like this are rare - don’t miss it!

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

Property ID: 894MF (quote when enquiring)

Property Code: 4633