Price
$830,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Northland Region, Far North
Category
Accommodation/Motel/Hotel
Listing #
16981
Here’s your chance to purchase the freehold land and buildings of Motel Russell in the Bay of Islands.
Whilst this is a high profile site, its also a quiet and peaceful location with park-like grounds. The motel features 15 units, with a swimming pool set in subtropical landscaping.
A lease is currently in place for 35 years (from 1998) returning $80,000 per annum.
Asking price: $895,000 negotiable.
Contact us now to inspect this excellent property.
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
To find out more, complete an online confidentiality agreement by clicking the button below.
Click the email alerts button to be notified of other businesses that may be of interest to you.
For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
