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

Marketing Agent
Laurence Crowley
Laurence Crowley

Key Investment Insights

1. Rare opportunity to purchase a freehold motel in a wealthy North West town.
2. Walking distance to world famous artesian baths, a popular tourist attraction.
3. No food and beverage operations, reducing workload for the operator.
4. 15 ground floor units with kitchenettes in all, making it convenient for guests.
5. 15kw solar system installed in 2015, reducing operating costs.
6. Spacious three-bedroom residence included.
7. Potential for growth and improvement.
8. Net profit of $57,801 projected for 2022/23.
9. Highly recommended for inspection.
10. Property ID: 892MF.
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