91 Belgrave Street, Kempsey NSW 2440

$980,000 Ex GST

Railway Hotel Kempsey - Accommodation Centre

This iconic building has been transformed into short & long term accommodation with 19 rooms available to rent. Enjoying almost 100% occupancy year round with tariff per room at $280 per week, this is a high returning business. Motel style rooms all equipped with televisions and fridge, 2 large communal kitchens available for cooking, indoor and outdoor communal areas. Selling on a walk in walk out basis the returns show approx 14% nett per year. Original bar and dining room could be further utilized and remodelled to add further rooms. A great income for nominal outlay.

Whilst we understand you may want to inspect this property, we need to comply with NSW Health Public Health Orders (that may change at any time). Please note, as per our Covid-19 Safety Plan for this property, we request you acknowledge and comply with the following:
Your personal details will be recorded by us, and may include sighting your ID
You must sign-in via Service NSW QR code
You are required to wear a face mask during the inspection
Physical distancing of at least 1.5m between people is required
Sanitize before entering the property & not touching surfaces or belongings
Attendees may be limited
If you have been requested to self isolate (for whatever reason), or have any cold or flu like symptoms - please DO NOT request to attend an inspection of the property at this time.

As an alternative to inspecting the property in person, we can offer to do a live video walk inspection (subject to occupant consent). Please contact us to arrange this option.

Property Details

• Type: Hotel/Leisure, Other
• Tenancy: Vacant