Inverell, New South Wales
687MI - Top Shelf Affordable Investment Motel!
SOLD
Business Description
- You can't go past this one!
- Brick and tile - low maintenance
- Tenanted since 2008
- Good Rent to Turnover Ratio
- No Restaurant - opposite a Bowls Club
- Strong Regional town Location
- Don’t delay!
Part of the now famous Fossicker’s Way, Inverell is a prosperous, busy regional centre. Located on the Gwydir Highway with a population of 12,000 in the town and 17,500 within the Shire Area. Inverell is a mixed farming district and the business centre is renowned for one of the best shopping centres in country NSW.
Annual Rent: $100,625 plus GST adjusted annually to CPI
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 687MI (quote when enquiring)
Property Code: 3338
Business Summary
Key Investment Insights
1. The motel is made of brick and tile, making it low maintenance and durable.
2. The property has been tenanted since 2008, indicating a stable and successful business.
3. The rent to turnover ratio is good, indicating a profitable investment opportunity.
4. The motel does not have a restaurant, but is located opposite a Bowls Club, providing easy access to dining options for guests.
5. The location of the motel in a strong regional town, part of the popular Fossicker's Way, makes it a desirable destination for travelers.
6. Inverell is a prosperous and busy regional center with a population of 12,000 in the town and 17,500 within the Shire Area.
7. The town is known for its excellent shopping centers, making it a popular destination for visitors.
8. The annual rent for the property is $100,625 plus GST, adjusted annually to CPI.
9. Interested buyers should contact David Head from Tourism Brokers for further information or to arrange an inspection.
10. The property ID for this listing is 687MI.
