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Address available on request Moree, NSW 2400

Address available on request,
Moree, NSW 2400

Hotel, Motel & Leisure

Price information

Sold

$599,000

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SOLD. $595,000 showing a 38.6% return on this Leasehold Business. Superb location & presentation.

  • Low annual rent only 21% of turnover
  • Very short stroll to all amenities
  • Secure vehicle parking
The Alexander Motor Inn & Restaurant consists of 22 clean, comfortable, sound proofed ground floor units/accomodation. The motel is situated in the heart of Moree opposite the Information Centre & Hospital and within easy walking distance to shops, clubs, restaurants and the hugely popular, Moree Hot Artesian Baths.

Purchase Price-$595,000
NOP-$229,616
Annual rent-$114,413 (CPI)

Property ID: 502679482Last Updated: 20 May 2018

04111782...
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Address available on request
Moree, NSW 2400

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