Broken Hill, New South Wales
224MF - Great Location, Plenty of Room for Expansion or Redevelopment
SOLD
Business Description
- Easy lifestyle for a couple with a profitable bottom line.
- Located in the magnificent city of Broken Hill.
- A short walk along the street and you are right in the CBD.
- Ground floor units for easy operation.
- A total of 14 units with one used as a booking office.
- A freehold and business with plenty of potential to grow.
- Don;t be fooled, this motel is amongst one better performing accommodation businesses in Broken Hill.
- 13 rooms being used at present. Easy operation in a low maintenance format. A rare business opportunity not to be missed.
- A perfect location on Argent Street, Located at the Western end of the shopping precinct. Situated on a large block of land with plenty of room for parking or redevelopment.
- This business is highly recommended.
Call to arrange an inspection
Net profit $127,633 for 2015/16
Contact Barry Bolwell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 224MF (quote when enquiring)
Location: Broken Hill is located on one of two main access roads providing access between Sydney/Brisbane and Adelaide. It is situated 1,067 kms west of Sydney and 508 km north east of Adelaide. The town supports a large silver, lead and zinc mining operation together with a recently developed mineral sands mine.
Broken Hill is a city that has reinvented itself. It's a city basking in a colourful history - from its early origins as a place on the edge of the central desert, where vast riches in minerals were drawn from its very foundations to a vibrant and commercial, arts, and tourism centre.
Broken Hill boasts community infrastructure that is the envy of many larger communities and it is now a hub for a very rich tourism Industry. Along with its own attractions including a large art industry, it is the hub for the diverse outback tourism experiences of the region with excellent transport options of rail, road and air. Broken Hill Airport is located 6 km from Broken Hill's town centre. Regional Express operates daily direct flights to and from Sydney, Dubbo, Adelaide, Melbourne and Mildura.
Property Code: 2119
Business Summary
Key Investment Insights
1. Easy lifestyle for a couple with a profitable bottom line.
2. Located in the magnificent city of Broken Hill.
3. Short walking distance to the CBD.
4. Ground floor units for easy operation.
5. A total of 14 units with one used as a booking office.
6. Freehold and business with potential for growth.
7. Amongst one of the better performing accommodation businesses in Broken Hill.
8. 13 rooms currently being used, with potential for expansion.
9. Low maintenance format.
10. Perfect location on Argent Street, with potential for redevelopment.
11. Situated on a large block of land with plenty of room for parking.
12. Highly recommended business opportunity.
13. Net profit of $127,633 for 2015/16.
14. Located on one of the main access roads between Sydney/Brisbane and Adelaide.
15. Rich history as a mining town, now a vibrant arts and tourism center.
16. Hub for outback tourism experiences in the region.
17. Excellent transport options including rail, road, and air.
18. Broken Hill Airport located 6 km from town center.
19. Regional Express operates daily direct flights to and from major cities.
20. Property Code: 2119.
