New South Wales

Passive Investment Motel With Tenant, Long Lease.

For Sale | $650,000

Motel

Excellent opportunity to purchase this passive investment motel in Riverina NSW.
• Secure tenant and a long 20-year lease in place
• Annual rent of $42,000 + GST
• Tenant pays all outgoings
• Over 7% rental return on the asking price
• Well maintained property
• Rare offering as the only motel in town
• Property next to the golf course
• 20 Rooms built over 1 acre of land
• Large 3 bedroom renovated residence
• Property inspections are by appointment only

About the Property
• Land Area:  4000sqm
• Building Area: Refer to Broker
• Occupancy: Tenant (20 years long lease)
• Whole building
• Parking: On site (30 cars)
• Projected annual return:  Refer to Broker
• Photos of Floor plan: Refer to Broker
• Virtual Tour: Refer to Broker
• Inspection Schedule: By Appointment Only

Please contact Amit Gupta for more information about this property and lease.

Listing ID: NSW09950

Broker: Amit Gupta
Phone: 0491 616 144
Email: amit.gupta@linkbusiness.com.au

To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09950

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Ref: NSW09950
Timestamp: 20210702030111

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Amit Gupta



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Amit Gupta

LINK Sydney

Overview

This Motel Business is one of 23 businesses for sale in Canberra, New South Wales, and one of 1 Motel Businesses in this region that a business for sale currently has on offer. This Motel Business is for sale in Canberra for the asking price of $650,000 and has been on market for less than 3 months.