Hospitality: Motel Freehold

Kootingal, NSW: $ 775,000

Last update: 20 March 2010.

Financial Data
ThePropertyManager ID 3552739
REF:
Listing Status	current
Price	$ 775,000
Net Income	$ ( )
Complex Specifics
Location (Read Suburb Profile)	Kootingal nsw, 2352 Australia
Complex Age	34years
Complex Features	excellent mix of accommodation; all ground floor; highway location; close major New England Town;
Managers Unit Specifics
Managers Bedrooms
Office Hours	as needed
Pets Allowed?	no
Manager's Unit Value	$
Letting Rights
Agreement Term	years
Agreement Remaining	years

Refurbished and sparkling! 12 Unit Motel only 10 minutes from major Town.

Very hard to buy into this sought after district. Solid brick Motel has a large 3 bedroom residence as well as 12 ground floor motel suites of mixed sizes. Business steady but there is huge potential to buy in at low price and aggressively market via the internet for higher occupancy and better returns. Motel built over 2 blocks and 3rd subdivided block with frontage to a side street is included. This is an excellent 2 person business opportunity.

REF:

Property Listed By: Terry McMiles

Call Terry McMiles on: +61 403 050 255

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Tel: +61 7 5594 0016
terrymcmiles.com

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