Moama, New South Wales
869ML - An Adult Retreat Motel
SOLD
Business Description
What is behind the blue door. You may ask? But, i know you will be impressed. Park the car at the rear of your unit and walk through into a retreat style setting.
• Easy operation, 27 room motel.
• Central pool and recreation area.
• Outdoor barbeque and guest facilities.
• Clean low maintenance guest facilities.
• Plenty of room to left to improve or just enjoy as is.
• Extensive landscaping and large shady trees complement the motel.
• A proven performer over many years.
• Currently operated as a quality adult retreat.
Moama is a growth area just across the river from Echuca. That $280m second bridge project has finally been approved and work is underway. This motel sits in an ideal position to draw from the passing traffic with easy access to all regional facilities.
No expense has been spared in providing up to date and modern guest facilities. An ongoing maintenance program is a credit to the operators.
An inspection is the only way you will appreciate this motel. Still plenty of improvement left for the serious operator.
Net profit: $135,730 for 2016/17
Contact Barry Bolwell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 869ML (quote when enquiring)
Location: The Twin Towns of Echuca-Moama is located on the banks of the Mighty Murray River and are the closest point of the Murray to Melbourne - just a 2.5 hour drive.
Murray Shire is located on the NSW/Victorian border at the closest point of the Murray River to Melbourne. This provides an area booming with tourism, industry, development and new residents. The Shire's main township is Moama and together with her Victorian neighbour Echuca, service a population of well over 20,000 people. The Shire's other towns and villages include Mathoura, Bunnaloo, Womboota and Cummeragunja.
For the last 10 years, Murray Shire has consistently been recognised as one of the fastest growing Local Government Areas (LGA) in New South Wales. The growth is not surprising considering many significant recent developments within the Shire. Murray Shire Council has established a reputation as an innovative Local Government authority, which is proactive in attracting new industry and developments.
Property Code: 2343
Business Summary
Key Investment Insights
1. The motel has a central pool and recreation area, outdoor barbeque and guest facilities, making it an attractive and comfortable retreat for guests.
2. The low maintenance and clean guest facilities are a key selling point for the motel.
3. The motel has potential for improvement or can continue to operate successfully as is.
4. The extensive landscaping and large shady trees add to the appeal of the motel.
5. The motel has a proven track record of success over many years.
6. The location of the motel in Moama, just across the river from Echuca, is ideal for drawing in passing traffic.
7. The ongoing maintenance program is a testament to the care and attention given to the property by the current operators.
8. The motel is currently operated as a quality adult retreat, providing a unique and attractive experience for guests.
9. The net profit for 2016/17 was $135,730, making this a financially viable business opportunity.
10. The location of the motel in the Murray Shire, one of the fastest growing Local Government Areas in New South Wales, presents potential for continued growth and success.
