For sale - we are offering 'Murray Gardens' Motel and Cabins.
Set on almost 18 Acres with frontage to the New England Highway, this is the perfect location to pick up the weary passer by OR with this much land in this location it is a perfect redevelopment site. Lovely bush setting.
Features include:
- 14 self contained Cabins with kitchen, bathroom and laundry - sleeping 4 people each
- 14 Motel units with air-con, TVs, coffee station and bathroom - sleeping up to 5 people
- Swimming pool
- Equipped gym
- Shared kitchen facilities
- Large reception area with bar facilities
- Games room
- Conference room
- Large 5 bedroom manager's residence
- Separate 4 bedroom home (currently rented)
Currently leased at $129,000 pa (excluding GST). Current Lease goes to 2026 with 4 x 5 year options - this is a really good long term investment opportunity.
Owner is wanting to retire and hand over to someone younger and more dedicated. Good returns to be made here for someone willing to step it up. Also the option is there to lease.
Please contact Logan Steele on 4681 3311 for more information