Albury, New South Wales 2640
Motel Leasehold 40 Rooms Well Presented Excellent Location
For Sale | $420,000
Key features of this business:
New 20 year lease available
Rental per year $130,000
The motel offers 40 accommodation rooms with varying bedding configurations, two family residences, a 60-seat breakfast room, guest and in-house laundry (for towels only).
Amenities include an in-ground swimming pool, guest BBQ and tennis court. The motel features a recently installed 50 kw Solar Panel system that feeds back into the grid.
The business is currently trading above target and provides a great opportunity for a H&W team to take it even further. A new 20-year lease is available with rent $130,000 PA plus GST. Call to arrange an inspection.
Barooga is a highly sought-after holiday destination on the Murray River close to the Victorian border. The motel is situated within walking distance to the Barooga Sporties, a large and thriving club and just across the road from the famous Cobram Barooga Golf Club, boasting 36 holes. The Cobram Barooga area is renowned for its magnificent climate and variety of available wineries, attractions and activities. The area is home to some of the most picturesque sections of the Murray River which boast great white sandy swimming beaches. Located only two and a half hours drive from Melbourne, Barooga is a very popular holiday destination for golfers, water sports and tourists.
Contact us today for more details!
Listing ID: NSW09441
Broker: Amit Gupta
Phone: + 61 2 9899 1999 / 0491 616 144
To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09441
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
Keywords: Accommodation, Motel, Leasehold, Golf