Inverell, New South Wales

687ML - Don't Miss This Leasehold Motel!

SOLD

Business Description

- It ticks all the boxes!

- Showing a strong 35% Return

- 17 well presented, recently refurbished ground floor units

- Strong consistent Turnover in the mid $400k's

- Well structured, sustainable Rent

- Opposite Bowls Club

- Located in strong New England Motel town

- Contact us now for further details!

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.

Net Profit: $149,422 for 2018/19

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

Property ID: 687ML (quote when enquiring)

Property Code: 3340

Business Summary

Marketing Agent
David Head
David Head

Key Investment Insights

Key insights for this business for sale listing are:

1. Strong 35% return on investment, indicating a profitable business.
2. 17 well-presented, recently refurbished ground floor units, providing comfortable and modern accommodation for guests.
3. Consistent turnover in the mid $400k's, demonstrating a stable and successful business.
4. Well-structured and sustainable rent, ensuring long-term financial stability for the business.
5. Located opposite a popular Bowls Club, providing potential for additional business and foot traffic.
6. Situated in a strong New England Motel town, with a population of 12,000 and 17,500 within the Shire Area.
7. Part of the famous Fossicker's Way, a popular tourist route in the region.
8. Inverell is a prosperous and busy regional centre, known for its excellent shopping and mixed farming district.
9. Net profit of $149,422 for 2018/19, indicating a successful and profitable business.
10. Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Unheard of multiplier and Water Views!!!
Huge Income and Rare Opportunity - Permanent MR Business in Brisbane City
High-Yield Leasehold Motel – Proven Government-Backed Income Stream
Been to Westport lately? Have a look at this!
Dual Business Only Apartments - $355,766 Net Profit - over 72% BC Salary | Resort Brokers ID : MRB009194
Rare Dual-Building Supervisory Management Rights – Scale, Stability & No Real Estate Required
Substantial Coastal Landholding with Multiple Future Pathways | Resort Brokers ID : FH009183
Secure Beaudesert Best Permanent Rights with $341,429 Net Profit & 21-Year Term | Resort Brokers ID : MR009198
Nambucca Heads Rare 8,000sqm Dual Title Development Site | R1 Zoning + Income Stream
A SOLID PASSIVE INVESTMENT OPPORTUNITY THAT WON'T LAST LONG - 2667MI
Waterfront Short Stay MR - $481k Net Profit, 3.3x Multiplier, 24-Year Term | Resort Brokers ID : MR009172
Mooloolaba Business Only MLR No Real Estate
Perfect Free Hold Starter Motel in Vibrant Whitsunday Region
Asking $1.569mil, Stunning Permanent Management Rights Centrally in Cleveland
Cairns Esplanade Management Rights - $344,000 Net, No Onsite Residency Required | Resort Brokers ID : MR009189
OFF THE PLAN 82 APARTMENT COMPLEX IN BRISBANE NORTH - C.$250K PROJECTED NET | Resort Brokers ID : OTP009171
Turnkey Caravan Park with a Standout New Residence | Resort Brokers ID : FH009181
Boutique 8 Bungalow High-Performing MR Business with an outstanding reputation | Resort Brokers ID : MR009188