Barooga, New South Wales
2661MF - HUGE POTENTIAL ON THE MIGHTY MURRAY
SOLD
Business Description
- Opportunity in waiting to grow profits and add value.
- Large 40 room resort style property on Murray River.
- Barooga located in the heart of the Murray tourism area.
- No restaurant, breakfast only, large club adjacent.
- Caters to tourists, corporates, workers, golfers.
- Many attractions nearby on both sides of river.
- Same owner 26 years’ time to retire.
- Tremendous growth opportunity.
- Hard work and TLC will deliver strong profits.
- Rare affordable freehold.
- Priced to meet the market.
- Please enquire for more information.
- Inspection by appointment only.
The El Sierra Motel situated in Barooga NSW on the banks of the Murray River has long been regarded as an accommodation icon in the region. It is a large resort style property that has been run successfully for many years and the owner are ready to retire, new owners with energy and enthusiasm should see this as an opportunity to enter a large freehold motel at an affordable price.
Barooga is located in the centre of the Murray tourism area with many top-class golf courses, huge clubs and many attractions, that cater for visitors from all over the country. Is this the one you have been waiting for?
Net Profit: $334,693 for 2018-19
Contact Graham Matthews from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2661MF (quote when enquiring)
Property Code: 3847
Business Summary
Key Investment Insights
1. Large 40 room resort style property with potential for growth and added value.
2. Located in the heart of the Murray tourism area in Barooga.
3. No restaurant, but breakfast is offered and there is a large club nearby.
4. Attracts tourists, corporate guests, workers, and golfers.
5. Many nearby attractions on both sides of the Murray River.
6. Same owner for 26 years, ready to retire.
7. Tremendous growth opportunity for new owners.
8. Hard work and TLC can lead to strong profits.
9. Rare and affordable freehold property.
10. Priced to meet the market.
11. Inspection by appointment only.
12. Net profit of $334,693 for 2018-19.
13. Opportunity for new owners to enter a large freehold motel at an affordable price.
14. Located in a popular tourist destination with top-class golf courses and attractions.
15. Contact Graham Matthews from Tourism Brokers for further information or to arrange an inspection.
16. Property ID: 2661MF (quote when enquiring).
17. Property Code: 3847.
