Upper Hunter Leasehold Motel - Proven Performer

Phone enquiries - please quote property ID 16554

Well maintained 24 room motel, located in Scone NSW, known as the 'Horse Capital' of Australia. Great location with diverse economy, located within easy access to Newcastle and other regional centres, three hours from Sydney.

After ten years of business development, the current owners who pride themselves on their repeat clientelle are looking to move onto their next venture. Included is a fully renovated 3-4 bedroom residence.

The motel shows good forward bookings and consistently turns over $700K, with a NAR of $178K. The business shows a good rent ratio and return on investment.