Address available on request,
Narromine, NSW 2821
Hotel, Motel & Leisure
Price information
Sale
$450,000
Key property information
Land area
Floor area
Private inspections
to arrange a private inspection.
Map
Untapped revenue potential, attractive yield and strategic location in Narromine | Resort Brokers ID : LH008328
ResortBrokers presents the Stockman Motor Inn, a long-standing motel in Narromine with a solid reputation. Located on the main road, it's one of only two motels in town. The motel offers a variety of room configurations with new bedding for enhanced comfort.
An unused commercial kitchen and restaurant present untapped potential for additional revenue. With a generous 13-year lease and over 50% yield, this is a highly profitable investment.
The 2023 Adjusted net profit of $291,753 demonstrates strong financial performance. Don't miss this opportunity to uplift yield.
- Prime location on the main thoroughfare of Narromine, one of only two motels in town
- Untapped potential with an unused commercial kitchen and restaurant for additional revenue
- Long-term security with 13 years remaining on lease
- Highly profitable leasehold being sold at over a 50% yield
- Strong financial performance with a 2023 adjusted net profit of $291,753
- Enhanced guest comfort with new bedding throughout the motel
- Spacious onsite management quarters for convenient operation
- Inspections are by appointment only
An unused commercial kitchen and restaurant present untapped potential for additional revenue. With a generous 13-year lease and over 50% yield, this is a highly profitable investment.
The 2023 Adjusted net profit of $291,753 demonstrates strong financial performance. Don't miss this opportunity to uplift yield.
- Prime location on the main thoroughfare of Narromine, one of only two motels in town
- Untapped potential with an unused commercial kitchen and restaurant for additional revenue
- Long-term security with 13 years remaining on lease
- Highly profitable leasehold being sold at over a 50% yield
- Strong financial performance with a 2023 adjusted net profit of $291,753
- Enhanced guest comfort with new bedding throughout the motel
- Spacious onsite management quarters for convenient operation
- Inspections are by appointment only
Additional information
External websites
Property ID: 504664980Last Updated: 21 Dec 2024
04310552...
Address available on request
Narromine, NSW 2821
ResortBrokers - WEST ENDPO BOX 5004
WEST END, QLD 4101
WEST END, QLD 4101
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