Under Offer 20/01/2023
Meninya Palms Motor Inn Moama NSW - For Sale by Expressions of Interest
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54 Meninya St, Moama NSW 2731

Expressions of Interest

HotelSize: n/a
Block size: 2.79 Hectares approx.Hotel size: 1 m² approx.
Freehold Investment Sale

Current Rental $ 188,000.00 PA Net Plus Outgoings

Increases to $ 238,000.00 PA Net + O/G From 2/12/2022

Further increases by CPI from 2/12/2023 & 2/12/2024

Current 5 Year Term Commenced 2/12/2020 To 1/12/2025

Eight Further Lease Terms of 5 Years Each

Rent Review From 2/12/2025 By Agreement or Market

Large Scale Motel 50 Units,

3 Large Function Areas & Boardroom

Resort Style Facilities

Land Area 2.79 Ha.

Well located Main Street & Central CBD Moama

Bob McCormick on 0408 510 938

Scott McCormick on 0409 216 465

Property Code: 133

Inspections

No open inspections scheduled.

Send an enquiry

Contact Scott McCormick to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Hotel
Block Size:
2.79 Hectares*

Other Details

Lot:
1
Plan Type:
DP
Plan:
770340
Hotel Size:
1 *
Legal description:
1/770340
*These are approximate values based on available information.
McCormick & Co - Toorak

Maps and area information

Block information
Block size: 2.79Hectares (approx)
Legal description: 1/770340
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
10 May 2023
Sold
$3,800,000
Contract: 21/02/2023
Transfer: 10/05/2023
Block size: 27930m²
Transfer type: Full transfer
Purpose: Commercial
07 Oct 2016
Sold
$4,000,000
Contract: 12/08/2016
Transfer: 07/10/2016
Block size: 27930m²
Transfer type: Full transfer
Purpose: Motel
05 Jan 2007
Sold
$2,750,000
Contract: 28/09/2006
Transfer: 05/01/2007
Block size: 27930m²
Transfer type: Full transfer
Purpose: Motel
26 Nov 1997
Sold
$2,750,000
Contract: 28/10/1997
Transfer: 26/11/1997
Block size: 27930m²
Transfer type: Full transfer

Moama suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
51 years
Population
7,213
Listing ID: 181304435. This listing has been viewed 12 times. It was first displayed on 20/01/2023 and last updated on 20/01/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.