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Motel · Parkes · LH007371

Marketplace / Motels / NSW / Motel · Parkes · LH007371

Perfectly located on the southern end of the Newell Highway, this motel features 39 rooms with a 3.5-star AAA rating and ample parking for all different demographics of clientele. Parking options include space for trailers, camper-vans, trucks and semi-trailers. The motel facilities include a swimming pool, two conference rooms which are located adjacent to the restaurant and bar, and are highly sought-after by business and government organisations that regularly visit the region. With the region currently experiencing a large amount of commercial development, this will continue to assist with the motel's occupancy all year round. With a long 28-year lease in place, this motel shows a long period of continued growth and stability for the new operators.

The numbers.

$327,395
Net profit
Asking $699,000
0

Parkes.

The deal in one paragraph.

This asset has settled. The page is preserved as a case study — the strategy, the buyer pool, the time-to-close and the multiplier are kept on record. The broker who placed it is the same one who'll discuss similar opportunities with you.

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