Barham, New South Wales

2416ML - Great Opportunity for Your First Leasehold Motel

SOLD

Business Description

Located in a busy tourist town.
Near the magnificent Murray River.
A substantial refurbishment just completed on all 16 rooms.
All the hard work has been done for you.
Occupancy growing and growing.
27 years left on this great Leasehold Business.
Showing a good increase in Turnover.
Current operators are ready to move on.
This property needs you right now.

A Leasehold Motel exceptionally presented and maintained, situated right near the centre of town. Its position leads to a high volume of repeat trade. The Motel offers 16 refurbished units. It offers a long Lease and it's your opportunity to build on the hard work done by the current owners. Contact us now for further details.

Net profit $11,407 for 2013/14

Contact Barry Bolwell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2416ML (quote when enquiring)

Location: Barham NSW

Barham is a pretty country NSW town on the Murray River and is centrally situated, being less than 1 hour's drive from Echuca, Swan Hill and Deniliquin and 15 minutes from Kerang and Cohuna. Barham and twin town Koondrook are the Hub of Golden Rivers Country and form the commercial centre for the region's, fat-lamb, cattle, cropping and dairy producers. The Twin Towns have a unique history of industry and infrastructure, picturesque recreation areas and a tourism industry that continues to grow.

Barham is best known for its citrus groves, fishing, and/or relaxing at the man-made lakes on the river's edge. The twin towns service the extensive pastoral and horticultural regions, but they are also adapting to the increasing demands of tourists.

Visitors are well catered for by a diverse range of entertainment and dining facilities, incorporating two great Clubs - The Barham Services Club in the centre of town with well priced meals and coffee shop, indoor bowls, dancing, billiards, darts, bingo and euchre. The Barham Golf and Country Club, less than 2km from the town centre with first class Bowling Greens and Tennis Courts. In addition, there are fine restaurants and hotels offering top class meals.

Property Code: 1606

Business Summary

Marketing Agent

Barry Bolwell

0433 09....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Prime location in a busy tourist town.
2. Close proximity to the picturesque Murray River.
3. Recently completed substantial refurbishment on all 16 rooms.
4. High occupancy rates with potential for further growth.
5. Long lease of 27 years remaining.
6. Showing a good increase in turnover.
7. Current owners ready to move on.
8. Net profit of $11,407 for 2013/14.
9. Opportunity to build on the hard work done by current owners.
10. Located in Barham, a central and well-serviced town.
11. Diverse range of entertainment and dining facilities in the area.
12. Growing tourism industry in the region.
13. Potential for further development and expansion.
14. Strong demand for accommodation in the area.
15. Well-maintained and presented property.
16. Close to major cities such as Echuca, Swan Hill, and Deniliquin.
17. Strong agricultural and horticultural industries in the region.
18. Potential for multiple income streams with the addition of facilities such as a restaurant or conference room.
19. Opportunity for a new owner to put their own stamp on the business.
20. Property Code: 1606.