Reefton 30 year Leasehold Motel

Grey

$385,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1btvnmn





New to the Market 30 year lease on 12 unit motel

Centre of Gold Mining Town with long history of tourism

Great Returns for prime position motel

Can be run by 1 person + casual cleaning staff

This place has great character and guests love it !!!

Owned by long term family owners they now wish to sell the leasehold business

New 30 year lease to be put in place with a generous low rent.

A good mix of large units and studio rooms finished to a good quality level.

There is room for further development to add extra rooms in the future.




Ref: CS00093
Timestamp: 20170626054608

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