Freehold Motels & Parks

A rare opportunity to secure a 3.5 STAR property at a 20% return.... TAKE A LOOK!

$1,600,000 +SAV
Area: Condobolin NSW Code: FH:CMIJIM

 

YOU WON'T FIND ANOTHER FHGC RETURNING 20%

Features

  • 21 units - 14 constructed 1975, remaining 7 units constructed in 2001
  • Large owners residence: 3 bedrooms, office, large lounge and private kitchen
  • Excellently presented property with great location
  • Extensive refurbishment – especially with bathrooms
  • Spacious restaurant and bar with well equipped kitchen
  • For further details contact Jim McDonald: 0433 143 308 Email:jimmcdonald888@bigpond.com

Turnover

  • 2016 (calendar year): $606,568

Profit

  • 2016 (calendar year): $328,000