Gunnedah

111 Conadilly Street

Sold for $1,300,000

27/07/2023

 

Land Size: 1835 m2 approx.

OUTSTANDING FREEHOLD INVESTMENT OPPORTUNITY

Burke & Smyth Commercial are proud to offer for Auction 111 Conadilly St Gunnedah-Plains Motor Inn, a fully leased asset with options to 2047 with the current tenant operating successfully since 2015. Located in the CBD of Gunnedah with dual street frontage and placed right next door to Woolworths with KFC & Harvey Norman close by. With long lease quality freehold investments hard to find in strong regional cities this one is a must look.

• Large 1835m2 Block with dual street frontage
• 15 Guest Accommodation room's, 4-bedroom operators' residence & reception
• Current Nett Passing Income $91,850.64 Plus GST Per annum
• Tenant pays all usually outgoings and maintenance including repainting of the motel


AUCTION 6PM THURSDAY 27TH JULY 2023 BEST WESTERN SANCTUARY INN MARIUS ST TAMWORTH (IF NOT SOLD PRIOR)

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