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

AI generated. Confirm details with the seller.

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

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