Albury, New South Wales

9ML - New Long Lease and Easy to Operate

SOLD

Business Description

New long 35 year lease.
Easy to operate B & B.
Good profile on web.
Large Flat screen televisions.
Large 3 bedroom residence.

Well located 18 room 3 star Leasehold Motel just north of Albury CBD. With two driveway entries this motel is ideal for coaches, tradies, tourists and commercial travellers alike. Added bonus is the large three bedroom residence close to all amenities offered by the state's largest southern city.

Net profit $149,896 for 2016/17

Contact Peter Gay from Tourism Brokers for further information or to arrange an inspection.

Property ID: 9ML (quote when enquiring)

Location: The Albury region is known for its distinctive natural beauty, with the majestic Murray River winding its way through mountains to the east and fertile river plains to the west.

Population: Albury has a population of nearly 50,000 people, and a further 37,000 in Wodonga.

Climate: Albury has the same number of sunny days as the Gold Coast, but without the humidity. Warm, dry summers, mild autumns and springs, and cool winters.

Transport links: By road - 330km from Melbourne, 340km from Canberra and 550km from Sydney. By air - 1 hour to Sydney and Melbourne (daily flights).

Leisure and dining: More than 100 pubs, cafes and restaurants offering a range of cuisines and tastes.

Sporting facilities: 3 swimming pools, 5 gyms, more than 30 sporting clubs across multiple disciplines, 8 major sports grounds to international standards.

Cultural services: Albury is proud of its array of cultural facilities including 3 theatres, 3 libraries, numerous museums and a 9-screen cinema complex with outdoor summer cinema viewings. Art exhibitions are constantly being shown throughout the 6 galleries ensuring Albury residences and visitors are spoilt for choice when it comes to the local cultural scene.

Events Culture: Albury's action-packed calendar is a mix of long-standing festivals, car rallies, sporting excellence, family friendly outings and plenty of events which are just for fun.

Property Code: 2380

Business Summary

Marketing Agent

Peter Gay

0433 33....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

Key insights for this business for sale listing include:

1. New long 35 year lease provides stability and potential for long-term growth.

2. Easy to operate B&B with 18 rooms, catering to a variety of travelers including coaches, tradies, tourists, and commercial travelers.

3. Strong online presence and good profile on the web, making it easy for potential customers to find and book the motel.

4. Modern amenities, including large flat screen televisions, provide a comfortable and convenient stay for guests.

5. Large 3 bedroom residence included, providing the opportunity for an owner/operator or manager to live on site.

6. Located just north of Albury CBD, the motel is well positioned for easy access to the city's amenities and attractions.

7. Net profit of $149,896 for 2016/17, indicating a profitable and successful business.

8. Albury is a beautiful region known for its natural beauty, with the Murray River, mountains, and river plains all nearby.

9. The city has a population of nearly 50,000 people and a further 37,000 in Wodonga, providing a strong customer base for the motel.

10. Albury has a pleasant climate with warm, dry summers, mild autumns and springs, and cool winters.

11. The city is easily accessible by road, with close proximity to major cities including Melbourne, Canberra, and Sydney.

12. A wide range of leisure and dining options are available in Albury, with over 100 pubs, cafes, and restaurants offering a variety of cuisines.

13. The city also offers a variety of sporting facilities, including swimming pools, gyms, and multiple sporting clubs.

14. Albury has a strong cultural scene, with numerous theaters, libraries, museums, and art galleries providing a range of cultural experiences.

15. The city hosts a variety of events throughout the year, catering to a diverse range of interests and providing entertainment for both residents and visitors