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Ardeanal Motel, 281 Neeld Street West Wyalong, NSW 2671

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Ardeanal Motel, 281 Neeld Street,
West Wyalong, NSW 2671

Hotel, Motel & Leisure

Price information

Sale

Leasehold - $495,000

Key property information

Floor area

Tenure type

Private inspections

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Map of Ardeanal Motel, 281 Neeld Street

Directions
  • Bus stops within 5 km of Ardeanal Motel, 281 Neeld Street, West Wyalong, NSW 2671Distance
    West Wyalong Coach Stop, Church St1.2 km
    Wyalong Coach Stop, Neeld St2.2 km
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UNDER CONTRACT - Ardeanal Motel, West Wyalong NSW - 1P0353

EXCLUSIVE TO MHB

Perfect entry level leasehold in the very busy motel corridor of West Wyalong.

This 19 x room motel offers a 12 x year lease across excellent rental commitment, at just 10% of the turnover for the 2023 financial year.

Better still rent is fixed until late 2025. A real money maker across remaining terms.

The Ardeanal Motel is just a short walk from West Wyalong's town centre, where many shops and cafes are situated. The main street is nicknamed the Crooked Mile as it was built around gold diggings and tree stumps.

Explore gold rush heritage, take a dip in a mineral pool, follow walking and cycling trails and discover local art legends in the West Wyalong region of the beautiful Riverina. 

The Cowal Gold Mine by evolution now sees a minimum of 20 years of unprecedented occupancy and potential.

Located approx. 467kms west of Sydney, this picturesque town is well positioned at the crossroads of the Newell and Mid-Western highways between Sydney and Adelaide.

Ideal for the owner/operator. A great business and a must to consider.

Key Features:

* Rent of $4,500 per month until August 2025
* 19 x rooms - Well presented to suit client base
* 5 x updated rooms
* 30KW solar panels
* New air conditioners across 70% of motel rooms
* Outdoor pool and BBQ facilities

A fantastic opportunity awaits a committed buyer to secure this profitable leasehold motel business.

Must be sold! For genuine sale - make an offer!

Contact Dan McDonald at MHB direct on 0437 838 3... for more information.


Additional information

Property ID: 504541932Last Updated: 3 May 2024

04378383...
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Ardeanal Motel, 281 Neeld Street
West Wyalong, NSW 2671
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