Coonabarabran, New South Wales

1630ML - Big Leasehold Motel, Small Price, Huge 46% Return!

SOLD

Business Description

• Low entry price, and big return!
• A big 40 unit Motel situated on the busy Newell Highway
• Set back from Highway on 3 acres of tranquil bush land setting
• Strong Turnover in the high $600k’s
• Lifestyle plus Income
• It deserves your immediate attention
• Contact us now for further details!

Located in Australia's only "Dark Sky Park" at Coonabarabran, the Astronomy Capital of Australia, this motel is a big opportunity at a small price. It offers 40 ground floor units and is situated on the busy Newell Highway being the ideal stopover for Melbourne to Brisbane travelers. Set back from the Highway in a tranquil bush setting with plenty of wildlife, it's a motel with a difference.

There's plenty of space on the big 1.22 Ha site and it has a comfortable two bedroom residence and large private yard.

Showing a huge 46 % return, you can't go past it. Contact us now for your inspection.

Net Profit $182,791 for 2017/18

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1630ML (quote when enquiring)

Location: Coonabarabran is home to more than 3,000 countryside dwellers. The town is located in Warrumbungle Shire in New South Wales. Coonabarabran is 451 kms away from the north-western part of Sydney, 161 kms north-east of Dubbo, 182 kms west of Tamworth, and 120 kms from the south-western region of Narrabri.

This peaceful town is known for its spectacular view of the mountain ranges that outline the area and is a popular gateway to the Warrumbungle Range and the Pilliga Forest. There are museums, caravan parks, observatories, and shopping centers in the area. Camping, star-gazing, and sight-seeing can also be fun activities for the family.

Event: Festival of the Stars in November is a month-long event celebrating arts and astronomy in Coonabarabran.

Property Code: 2800

Business Summary

Marketing Agent
David Head
David Head

Key Investment Insights

1. Low entry price and high return make this motel a great investment opportunity.
2. The motel has 40 ground floor units and is situated on the busy Newell Highway, making it a convenient stopover for travelers.
3. The motel is set back from the highway in a tranquil bush setting, offering a unique and peaceful experience for guests.
4. The property is located in Coonabarabran, Australia's only "Dark Sky Park" and the Astronomy Capital of Australia.
5. The motel has a comfortable two-bedroom residence and a large private yard.
6. The property has a big 1.22 Ha site, providing plenty of space for guests.
7. The motel has shown a huge 46% return, making it a profitable investment.
8. The property includes a two-bedroom residence and a large private yard.
9. Coonabarabran offers a peaceful and scenic environment, with opportunities for camping, star-gazing, and sight-seeing.
10. The town hosts the Festival of the Stars in November, a month-long event celebrating arts and astronomy.
11. The property is listed under ID 1630ML and property code 2800.
12. The town is located 451 kms from Sydney, 161 kms from Dubbo, 182 kms from Tamworth, and 120 kms from Narrabri.
13. The town has a population of over 3,000 people and is located in Warrumbungle Shire in New South Wales.
14. Coonabarabran has museums, caravan parks, observatories, and shopping centers for guests to enjoy.
15. The property is a great opportunity for a lifestyle change and income generation.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Easy to run 15 room leasehold motel with upside | Resort Brokers ID : LH008246
ResortBrokers
Easy to run 15 room leasehold motel with...

MOREE

$440,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

BOUTIQUE MOTEL on the beautiful Mid North Coast
Ocean Breeze Motel
BOUTIQUE MOTEL on the beautiful Mid North...

PORT MACQUARIE

$495,000 Leasehold - Genuine Purchasers Only

Total Rooms: 10
Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

GREENHEAD CARAVAN PARK
High Net $144,737 Few Hours Simple Work - ID 8997
West End & Highgate Hill Business Only's - First in Best Dressed in 4101
Popular Tourist Town, Fully Renovated Freehold Hotel, Large Guest House  - 127HL
Fully Renovated Freehold Hotel with Large Guest House in Popular Tourist Town - 127HF
Only Supervisory Role, Salary High 400 K with Huge Income Upsize Potential - ID 8532
CAPTIVATING CAIRNS - TOP CHOICE SHORT-STAY MANAGEMENT RIGHTS WITH NET $462K+ | Resort Brokers ID : MR008459
Syndicate Investment Opportunity – Starting ROE 25% Targeting 35%
Very Affordable Management Rights Business plus Managers Apartment in fabulous Airlie Beach
ESTABLISHED BUSINESS ONLY COMPLEX IN 'THE GABBA' WITH SHORT-TERM LETTING OPTION! | Resort Brokers ID : MRB008446
HUGE 19% ROI - Substantial price reduction - Incredible investment - Blue chip location
Excellent 15% ROI, vibrant lifestyle, prime location, unlimited potential
Multiple Income Stream Freehold Going Concern in the Granite Belt | Resort Brokers ID : FH008398
Rare 5 Star Hotel | Offering Villa Howden Hotel
Gilligan’s Resort
Location! Simply! No Live-onsite Requirement!
Prime Investment: Busy motel on 1 acre near Yamba CBD | Resort Brokers ID : FH008458
BOUTIQUE SHORT-STAY MR IN PRIME SOUTH BRISBANE LOCATION | Resort Brokers ID : MRB008454