
BIG LEASEHOLD, BIG $$$$ TO BE MADE! - 893ML
- Exceptional 74 Ground Floor units with Licensed Restaurant.
- Rare as hens' teeth offering: the room numbers are a huge advantage and create significant opportunities.
- Main residence with three bedrooms plus Manager's residence of two-bedrooms with fully renovated kitchen, attached to reception and adjacent to the motel kitchen.
- Strong Corporate trade and well respected clients.
- All units are in exceptional condition.
- Turnover around $2.1m+.
- Big gains for the astute operating couple can be achieved with this rare offering.
- Long 35 years remain on the Lease at a reasonable rent.
- Opposite Racecourse and 5 minutes’ drive from Railway Station and Golf Course.
- Popular Artesian Spa is just 3 kms away.
Due to the strategic position of Moree, significant developments have been happening and continue to be planned for the area. The multi-million-dollar rail link from Sydney is a significant boost for the area and will accelerate the region’s growth.
Adjusted Net Profit: $592,370 for 2024/25
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 893ML (quote when enquiring)
Property Code: 5313
For more details, please email broker or call agents.