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Acquire Newell Motor Inn: Prime Freehold with High Occupancy&Growth | Resort Brokers ID : FH008706
$3,470,000
Motel (Freehold) hospitality, Narrandera NSW
ResortBrokers is delighted to bring to market the Newell Motor Inn, a remarkable freehold going concern in Narrandera. Priced at $3,470,000, this asset offers a 14% yield on a six-month adjusted net profit of $495,876. Spanning 4.05 hectares, it features 23 rooms, a non-operational restaurant, and a permanent contract with the Department of Housing ensuring high occupancy. Recent upgrades include solar panels, a UV water filter, and enhanced security. With ample parking, a pool, and barbecue facilities, this opportunity is ideal for both seasoned and new operators. Positioned for growth with nearby solar farm developments, this is a rare market offering.
- Prime Freehold asset in a thriving district
- Restaurant facilities available, currently not operational
- Permanent contract ensures high occupancy and stable tariffs
- Significant trade growth this financial year
- Adjusted net profit of $485,876 in six months
- Ideal for both experienced and new operators
- Inspections by appointment only
Date updated: 12 May 2025 23:00:02
More Information
- Total Purchase Price: $3,470,000
- Net Income: $ 495,876
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?