Reference: benchmark_74_266

Freehold Property and Business for Sale

WALLERAWANG NSW
$620,000
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;

- 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;

- Ideally set-up for Airbnb to increase rental return further;

- 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 complete our online confidentiality agreement here: https://benchmarkbusiness.com.au/ca-form-4942

or go to www.benchmarkbusiness.com.au and use the reference number #4942 to search for the business.



Benchmark Business Sales and Valuations

Business Category: Commercial Property, Freehold, Cafe, Takeaway and Casual Dining

Property Code: 4942
Status
Sold
ROI
n/a
Annual Revenue
Listing Price
$620,000
Location
WALLERAWANG NSW
Industry
Other
Earning Type
Years Trading
Stock Level
Reference Number
benchmark_74_266