For Sale, Freehold $4 m - Business for sale
For Sale $4.195m
The Grange on Farrelly Motel is a modern 29 room motel doing a good turn over and making over $400k in profits.
It is a potential development site set on 9000m2 of land with town centre zoning. This would provide flexibility for further development on the site.
Motivated sellers have instructed to sell this property due to a family illness.
- 29 modern units
- 9000m2 town zoning
- opposite regional hospital
- future development for medical center
- future dense housing or aged care facility
- potential development site with existing holding income
- fast growing region
- easy management
- motivated seller
- Business Net Profit: $447,000.00
- ROI: 10.66%