Grange on farrelly motel ,margaret river, wa

For Sale   $4.195m

The Grange on farrelly Motel is a great potential development site which is 9000m2 has a modern 29 room motel doing a good turn over and making over $400k in profits. The land has very flexible town center zoning allowing any development. Motivated sellers have instructed to sell this property due to a family illness.

  • 29 modern units
  • 9000m2 town zoning
  • opposite regional hospital
  • flexable zoning
  • future development for mediacl center
  • future dense housing or nurse home
  • developement site with holding income
  • fast growing region
  • easy management
  • this property will be sold

Other Features:

  • Business Net Profit: $447,000.00
  • ROI: 10.66%
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