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For Sale

Motel freehold, Big land area.Beautiful condition and great ROI

Parkes, New South Wales

Summary


  • For Sale
    Status
  • Parkes
    Location
  • New South Wales
    State
  • $988,000
    Price
  • Motel

Features


Motel Information

Description


There is going to be a great opportunity over the next 2-3 years with tourism within Australia because this Corona virus is only getting worse in Indonesia & Africa and will be a major problem in other countries for quite a long time.
If this is the case, then our international borders will be closed a long time and Australians will not travel overseas, but internally within Australia for fear of being infected overseas.
The cruise industry is wrecked also. Internal travel in Australia will be at a all time high.
There will only international travel to NZ.
This is a strong argument for motels being a very good investment in the coming years.
Parkes NSW is a beautiful country town made famous by a huge telescope nicknamed The Dish, which helped broadcast the 1969 Apollo 11 Moon landing.
The town has a population of over 11,000 people with a solid infrastructure. The locals love this place .
Parkes is a town you will love to call home.
The motel is on a big block of 1.23 acre block with plenty of room for further development.
Located in a prime position on the busy Newell Highway, directly opposite the Visitors Information Centre.
Parkes is known as the freight hub for NSW.
Great corner location with 2 entrances.
Excellent family/managers residence having 3 bedroom's, with a large lounge/dining area and private yard.
Motel is built by solid concrete construction and a convenient size of 14 rooms. Easy to manage and all single level.
The condition is excellent as the vendors have continued with recent re-furbishments. Move in and no money to spend.
Easy to maintain salt water pool with lovely grassed areas and BBQ area for guests.
Full commercial laundry onsite and all linen owned by vendors.
Great opportunity to further improve bottom line by a more targeted online marketing program. (call agent to discuss)
Huge amount of new infrastructure planned for Parkes in the coming years.
This town is growing fast.
Occupancy at approx 43% so great investment opportunity as current financials are very good, and plenty opportunity for further growth.
Vendors are keen to sell and will consider fair offers.
Please call for an inspection as you will be very impressed with Parkes, and the motel itself.
Quote MSA 5040 and call Michael NOW !!! on - 0400 645 133, or submit an enquiry.