Sold

Investment Opportunity multiple sources of income!

An exceptional investment opportunity has arisen to acquire 3 self-contained apartments and 2 shops in the scenic village of Wallerawang, NSW.

Prominently located in Main Street, its only a ten minute walk to the recreational opportunities of Lake Wallace which include fishing, sailing, trout fishing and canoeing. The park also features camping, picnic, barbecue and childrens play facilities

Just look at the features this freehold property and business for sale offers:

- 2 x 2-bedroom fully furnished apartments;

- 1 x 1-bedroom fully furnished apartment;

- 1 x Fish and Chip Shop spacious, fully equipped and well maintained;

- 1 x Vacant Shop - previously a TBA Agency;

- 5/6 car parking spaces at the rear and a double lockup garage;

- Closed circuit surveillance system;

- Wallerawang is 10 minutes from Lithgow and train transport, 40 minutes from Bathurst and only 2 hours from Sydney;

- The township is growing;

- Close to two fishing lakes and other tourist and bushwalking areas.

Multiple sources of income:

- 2 x 2-bedroom apartment @$100/night (each of 2 apartment);

- 1 x 1-bedroom apartment @$50 /night;

- 1 x Fish and Chip Shop (currently Wang Caf) - potentially $500/week;

- 1 x Vacant Shop - previously a TBA Agency potentially $200/week;

- Current owners manage apartments on short term nightly and weekly rates;

- ROI 9 % + achievable.

To find out more about this exceptional investment opportunity for sale, get in touch with the exclusive broker.

FOR SALE: Freehold Property and Business $620,000 (ex-gst)

For further information on this opportunity, please contact:

Michael Vitullo

Business Broker

Benchmark Business Sales and Valuations

M: 0402 436 337 T: 1300 366 521 E: michaelv@benchmarkbusiness.com.au

If you'd like to know more about the business go to our website www.benchmarkbusiness.com.au and use the reference: benchmark_74_268 to search for the business.


Benchmark Business Sales and Valuations

Business Category: Commercial Property, Freehold, Food and Hospitality, Cafe, Takeaway, Takeaway and Casual Dinin

Listing ID: benchmark_74_268

Submit Confidentiality
Agreement

     Status
Sold

     ROI
%

     Annual Revenue

     Listing Price
$620,000

     Location
WALLERAWANG NSW

     Industry
Takeaway Food

     Earning Type

     Years Trading

     Stock Level

     Reference Number
benchmark_74_268





Michael Vitullo

Business Broker

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