Motel Holbrook New South Wales

Holbrook is situated from the Hume Highway between Sydney & Melbourne approx. 45 moments to Albury Wodonga (pop music 95, 000) & the same length to Wagga Wagga (pop music 63, 000)

The ‘Submarine town’, home associated with decommissioned HMAS Otway submarine is a rich, diverse outlying location complementing a healthier tourism trade

The engine Inn is a contemporary brick three & half celebrity motel inside heart of Holbrook comprising an overall total of 20 devices with a variety of twin, household & spa rooms

A large 3 bed room managers residence adds to the desirability with this business

Built in 1985, refurbishments have now been finished for the majority of of devices with tariffs beginning $115 to $189 per evening. Est ROI 32percent

This motel is currently an element of the Golden Chain group but could be separate if desired by the brand new owner

The current proprietors have household in west & Southern Victoria and desire to continue in motel industry when you look at the Southern state

For Sale: 5, 000

Local rental: , 769 P.A.+GST +outgoings

Lease Term: 21 years

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