Muswellbrook, New South Wales
1546ML - The Hunter’s on Fire!
SOLD
Business Description
- The Hunter Accommodation sector is on the way up!
- Forward Bookings are very strong
- A huge finish to 2018 with sales in excess of $200,000 for 6 months!
- A very affordable Lease with ease of operation
- 10 well maintained ground floor units
- No Cooking
- Spacious 3 bedroom residence
- Family circumstances necessitate a sale
- It's your opportunity - Don't Miss It!
The Hunter accommodation industry is on the brink of another boom and this property offers you a low entry price opportunity to get in and gain. If offers 10 well maintained ground floor units and is essentially an owner/operator motel. Turnover for the first 6 months of this Financial Year is in excess of $200,000 with an average occupancy rate of 97%!!! You can't go wrong but be super quick!
Net Profit: $220,000 plus expected for 2018/19
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1546ML (quote when enquiring)
Location: Muswellbrook is a substantial and very attractive country town of historic buildings and tree-lined streets situated beside the Hunter River, 257 km north of Sydney and 26 km south of Scone. It is an expanding centre due to the employment opportunities provided by the eight coalmines in the district, the presence of the Liddell and Bayswater Power Stations and a flourishing wine grape industry.
With a district population of 16,000 Muswellbrook is not just another country town. Boasting excellent, delightful restaurants, a busy and diverse commercial centre, up-to-date health and education facilities, as well as abundant sporting facilities, Muswellbrook really is the ideal location for residents and visitors to work, rest and play.
Muswellbrook and district features a very successful blend of agriculture, commerce and industry. Power generation, coal mining, horse studs, wineries, dairying and agriculture all provide a sound economic base for the area, as well as the prospects for continued growth in the future.
Property Code: 2914
Business Summary
Key Investment Insights
1. The Hunter accommodation sector is experiencing growth and is expected to continue to do so in the future.
2. The business has strong forward bookings, indicating a high demand for accommodation in the area.
3. The business has had a successful year with sales in excess of $200,000 for 6 months.
4. The lease for the property is affordable and the business is easy to operate.
5. The property offers 10 well-maintained ground floor units, making it an attractive option for potential buyers.
6. The business does not require cooking, reducing operating costs and making it easier to manage.
7. The property also includes a spacious 3 bedroom residence for the owner.
8. The current owners are selling due to family circumstances, providing an opportunity for a new owner to take over.
9. The expected net profit for the current financial year is $220,000, making it a profitable investment.
10. The property is located in Muswellbrook, a growing town with a diverse range of amenities and economic opportunities.
