Moree, New South Wales

BIG LEASEHOLD, BIG $$$$ TO BE MADE! - 893ML

SOLD

Business Description

- Exceptional 74 Ground Floor units with Licensed Restaurant.

- Rare as hen’s teeth offering, the room numbers are a huge advantage and create significant opportunities.

- Main residence 3 bedrooms plus Manager's residence is 2 bedrooms, fully renovated kitchen attached to the reception and adjacent to the motel kitchen.

- Strong Corporate trade and well respected clients.

- All units are in exceptional condition.

- Turnover around $2.1m+.

- Big gains for the astute operating couple can be achieved with this rare offering.

- Long 37 years remain on the Lease.

- Opposite Racecourse and 5 minutes’ drive from Railway Station, Golf Course.

- Popular Artesian Spa is just 3 km away.

Moree is a progressive and dynamic town situated at the heart of NSW’s northern wheat belt and recognised nationally as Australia’s Artesian Spa Capital. Ideally nestled on the New South Wales and Queensland border, Moree is a town rich in culture, heritage, agriculture and natural assets with each component intertwining to define the characteristics of both the town and the community.

Moree is recognised as the capital of an emerging region. It is one of Australia's premier areas for agriculture production and is located on a significant national transportation corridor. Moree Shire presents significant opportunities for business and industry, with its stable population and access to three major cities - Sydney, Melbourne and Brisbane - and other coastal and inland centres and ports.

Due to the strategic position of Moree, significant developments have been happening and continue to be planned for the area. The multi-million-dollar rail link from Sydney is a significant boost for the area and will accelerate the region’s growth.



Net Profit: $683,878 for 2022/23



Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 893ML (quote when enquiring)

Property Code: 4668

Business Summary

Marketing Agent
Michael Philpott
Michael Philpott

Key Investment Insights

1. Rare opportunity with a large number of rooms (74) and a long lease (37 years) remaining.
2. Strong corporate trade and well-respected clientele.
3. All units in exceptional condition.
4. Potential for significant gains for an astute operating couple.
5. Prime location opposite Racecourse and 5 minutes' drive from Railway Station and Golf Course.
6. Popular Artesian Spa just 3km away.
7. Moree is a progressive and dynamic town with rich culture, heritage, agriculture, and natural assets.
8. Strategic position with access to major cities and transportation corridors.
9. Significant developments and planned growth in the area.
10. Net profit of $683,878 for 2022/23.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Get the best of both worlds with this Freehold and Leasehold pair | Resort Brokers ID : FH008345
ResortBrokers
Get the best of both worlds with this...

KYOGLE

Under Contract / Offer

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

A RARE FREEHOLD MOTEL OPPORTUNITY! - 892MF
Tourism Brokers
A RARE FREEHOLD MOTEL OPPORTUNITY! -...

MOREE

FREEHOLD $1,750,000 neg.

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Exclusive - Rare Investment Opportunity - ID 9160
2.18 Multiplier on the Gold Coast - ID 9166
PRIME TOURISM DEVELOPMENT OPPORTUNITY IN STUNNING NSW SOUTH COAST LOCATION | Resort Brokers ID : FH008462
High End Resort situated in popular tourist destination Airlie Beach | Resort Brokers ID : MR008486
Exclusive - Prime Location With Excellent Growth - ID 9157
Business-Only Opportunity in Brisbane - ID 9165
Cannot find what you’re looking for in today’s market then, Build Your Own! | Resort Brokers ID : FH008480
Exclusive - High Return Management Rights Opportunity - ID 9156
Exclusive - Prime Location Near Sunnybank - ID 9159
Exceptional Management Rights Opportunity in Beautiful Scarborough
Exclusive - High Return Investment Opportunity - ID 9158
Laguna on Hastings -  Building Manager & Letting Agreement
A1 Motel - 1P6181
Calling All Aspiring Homeowners:Guaranteed Income and Work-from-Home Opportunity | Resort Brokers ID : MRC008473
Acquire a Premier Resort on the Sapphire Coast | Resort Brokers ID : FH008457
Rare Opportunity – First Time on the Market in 20 Years
Bella Vista 18 Units Long Lease Offers Considered
Albany Creek Permanent Complex Caretaking only