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FREEHOLD ACCOMMODATION FACILITY - SOUTHERN RIVERINA, 10 MINUTES TO MURRAY RIVER

$525,000 WIWO Negotiable

Finley, New South Wales

FREEHOLD ACCOMMODATION FACILITY - SOUTHERN RIVERINA, 10 MINUTES TO MURRAY RIVER

An easy to run rental accommodation facility situated in a great community and located within walking distance to shops and clubs. The facility houses permanent residents and boasts 75% occupancy rates. With an established reputation this would be an easy business to step into with no experience or accreditation necessary. Full training will also be provided during the transition period.

The accommodations consist of 16 rooms, each including a bathroom, lounge and bedroom. Other amenities include: communal dining/lounge area, 2 laundries in each wing, commercial kitchen, large reception room and small lounge. There is also a large recreational room with bathroom facilities which can easily be converted to a manager's unit.

Income supports a good lifestyle and would offer low living expenses if you choose to live on the premises. The business runs with very low overheads and turns over $174,000 p.a. producing superb profit margins.

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Last updated: 8th October 2016

Summary

Property Type
Business
Contract Type
For Sale
Location
 Finley
State
 New South Wales
Price
$525,000 WIWO Negotiable
Category
  • Management Rights

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Agency

Coast to Coast Media

Contact

Courtney Dean

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