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 popular tourist attraction, the Artesian Baths.
2. No food and beverage operations, allowing for a simpler and more streamlined business model.
3. 15 ground floor units with kitchenettes in each, providing convenience for guests and reducing operational costs.
4. 15kw solar system installed, reducing energy costs and increasing sustainability.
5. Spacious 3 bedroom residence for owner/operator.
6. Potential for growth and increased profits.
7. Rare opportunity to purchase a freehold motel in the sought-after town of Moree.
8. Strong net profit forecast for 2022/23.
9. Experienced and reputable agents available for further information and inspections.
10. Property ID: 892MF.
