Moree, New South Wales
A RARE FREEHOLD MOTEL OPPORTUNITY! - 892MF
FREEHOLD $1,750,000 neg.
Business Description
- Walking distance to Artesian Baths.
- No Food and Beverage.
- 15 ground floor units.
- 15kw Solar system installed in October 2015.
- Kitchenettes in all units.
- Spacious 3 bedroom residence.
- Plenty of upside.
- A Rare Freehold Motel Opportunity!
This Freehold Motel at Moree presents a great opportunity for the astute buyer. It offers 15 ground floor units with kitchenettes in all, which means no cooking for the operator!
The motel is a pleasure to inspect and is well located in the wealthy North West town of Moree. The motel benefits greatly from its close proximity to the world famous artesian baths, with peak periods from March to June and September to November.
It offers a spacious three-bedroom residence. Your inspection is highly recommended.
Net Profit: $57,801 for 2022/23
Contact Laurence Crowley and Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 892MF (quote when enquiring)
Property Code: 4962
Business Summary
Key Investment Insights
1. Prime location within walking distance to the popular Artesian Baths, providing a steady stream of customers during peak periods.
2. No food and beverage operations, meaning no additional costs and responsibilities for the operator.
3. 15 ground floor units, providing ease of access for guests and potential for expansion.
4. 15kw solar system installed in 2015, reducing operating costs and increasing sustainability.
5. Kitchenettes in all units, providing convenience for guests and reducing the need for on-site cooking facilities.
6. Spacious 3 bedroom residence, providing comfortable living quarters for the operator.
7. Plenty of upside potential for the business, with potential for growth and increased profitability.
8. Rare opportunity to purchase a freehold motel in the sought-after North West town of Moree.
9. Pleasure to inspect, with well-maintained facilities and a strong reputation in the local community.
10. Net profit of $57,801 for 2022/23, providing a solid return on investment for the buyer.
