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Sold on 12 Sep 2024 - Price Unavailable

165-167 Maybe Street
Bombala NSW 2632

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3614m2
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Property Details for 165-167 Maybe St, Bombala

Building Type
Land
Land Size
3614m2
Local Government
Snowy Monaro Regional
Lot/Plan
2/DP568718

Last Listing description (August 2024)

Australian National Real Estate is pleased to offer this outstanding investment opportunity prominently located in Bombala, NSW

Very Well-maintained Motel, situated on expansive grounds, enjoys a devoted clientele. Featuring a single-level design with sturdy brick and tile construction, it offers enduring appeal. Offering remarkable value and promising growth opportunities, its prominent position complex fronts the Monaro highway in the shopping/commercial area of town.

Website: https://bombalamaneroomotel.com.au/

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SALE TYPE: LEASEHOLD SALE (BUSINESS) | BRAND NEW 30 YR LEASEHOLD OPPORTUNITY

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The new 30-year Lease is available, offering favourable rental terms for prospective tenants

Lease Options: 6 x 5 years (New 30-year Lease from Settlement)

Annual Rent: $130,000 (Plus GST & Outgoing)

Net Profit: $450,000 (GST excl) 2023/24 (Projected)

Expression of Interest (EOI): $700,000 - $770,000 (All offers considered)

Leasehold sale on a walk-in/walk-out basis

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Bombala Maneroo Motel - 165-167 Maybe Street Bombala NSW 2632

15 Motel Rooms + Manager Residence: 2 bedrooms 1 bath, lounge/dining, private yard and carport.

AND

Motel - 186-188 Maybe Street Bombala NSW 2632

7 rooms x One Bedroom self-contained units

Total: 22 Rooms Motel

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About Two Motel

- Total 22 ground-floor rooms combined with two properties.

- Set on a Large 5,000 sqm (approx.) two blocks.

- Easy ground-level operation

- Easy to manage and most guests prefer - single-level accommodation

- The both motels are under one management.

- Immaculate presentation with outstanding value and great future potential.

- Clients repeat clientele and significant forward booking

- Excellent clientele, including general travellers, overseas tourists and workers

- All rooms have been renovated bathrooms

- Ample parking space is available for both bus and truck drivers

- Financial figures are available to genuinely interested parties.

Location:

Bombala is situated on the southern Monaro plateau, halfway between Sydney and Melbourne, 2 hours from Canberra, 1 hour from Jindabyne and 1 1/4 hours from the coast at Merimbula\Eden

Contact Las Widanage or Alexandra Visic to arrange an inspection or to discuss all this excellent property has to offer.

- For all enquiries, we will respond in less than 24 hours.
- Please note: Property inspections are by appointment only.

Australian National Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number.

PLEASE NOTE: Open for Inspection Times and Property Availability are subject to change or cancellation without notice. Please refer to the listed inspection times. If no inspection time is available or you are not able to make the listed times please select Book an Inspection Time or Contact Agent and register your interest. We highly recommend registering for an inspection you are going to attend to avoid disappointment for cancellations. If you are registered to attend an inspection you will be notified via SMS if the inspection is cancelled.* Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property Code: 4132

Property History for 165-167 Maybe St, Bombala, NSW 2632

A timeline of how this property has performed in the market
Last Sold
12 Sep 2024
Listed for Rent
$11k/w
22 Aug 2024
  • 12 Sep 2024
    Sold
  • 12 Jun 2024
    Listed for Sale EXPRESSION OF INTEREST | $700K - $770K
  • 11 Jun 2024
    Listed for Sale EXPRESSION OF INTEREST: LEASEHOLD SALE
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About Bombala 2632

The size of Bombala is approximately 119.9 square kilometres. It has 2 parks covering nearly 0.6% of total area. The population of Bombala in 2011 was 1,210 people. By 2016 the population was 1,395 showing a population growth of 15.3% in the area during that time. The predominant age group in Bombala is 60-69 years. Households in Bombala are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Bombala work in a managers occupation. In 2011, 72.4% of the homes in Bombala were owner-occupied compared with 71.7% in 2016.

Bombala has 929 properties. Over the last 5 years, Houses in Bombala have seen a 80.20% increase in median value, while Units have seen a 138.38% increase. As at 30 November 2024:

  • The median value for Houses in Bombala is $346,199 while the median value for Units is $457,273.
  • Houses have a median rent of $385.
There are currently 23 properties listed for sale, and 3 properties listed for rent in Bombala on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Bombala.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.