Narrabri, New South Wales
980MF - Affordable Freehold in North West Stronghold!
SOLD
Business Description
Narrabri offers a strong Rural and Commercial Base in addition to a developing mining area. This Freehold Motel is perfectly positioned on the busy Newell Highway and offers 12 well-presented and maintained ground floor units.
It's a Bed & Breakfast only - no evening meals cooked. It features a strong and consistent Turnover with extra land to expand, and a very comfortable and spacious three bedroom residence.
The owners have recently installed a Solar System that will bring substantial savings to the operational costs. Contact us now for further details.
Net profit $148,642 for 2015/16
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 980MF (quote when enquiring)
Location: Narrabri is situated 560km NW of Sydney on the Kamilaroi Highway and 560km south west of Brisbane on the Newell Highway. Narrabri is the administrative heart of the second richest agricultural Shire in Australia. Located at the centre of a major cotton growing industry, agricultural industries in the area also include wheat, beef and lamb.
Covering 13,000 km2, Narrabri Shire is the heart of the rich Namoi Valley in North West NSW. Renowned for the production of some of the world's highest quality wheat, cotton, fat lambs and beef and home to several research facilities, Narrabri Shire is truly an agricultural wonderland. All this is joined by a wealth of excellent tourist attractions sure to keep visitors entertained for days.
The Newell and Kamilaroi Highways run through Narrabri Shire bringing people from all compass points. With easy access, major attractions, top rate facilities and accommodation, many conferences and high profile performers are drawn to the area.
Property Code: 1443
Business Summary
Key Investment Insights
1. Freehold motel located in a strong rural and commercial base in Narrabri, with a developing mining area.
2. Prime location on the busy Newell Highway, offering 12 well-presented and maintained ground floor units.
3. Bed & Breakfast only, no evening meals cooked.
4. Strong and consistent turnover with potential for expansion on extra land.
5. Includes a spacious and comfortable three bedroom residence.
6. Recently installed solar system for substantial operational cost savings.
7. Net profit of $148,642 for 2015/16.
8. Contact David Head from Tourism Brokers for further information or to arrange an inspection.
9. Property ID: 980MF.
10. Narrabri is situated 560km NW of Sydney on the Kamilaroi Highway and 560km south west of Brisbane on the Newell Highway.
11. Renowned for its production of high quality wheat, cotton, fat lambs, and beef, as well as being home to several research facilities.
12. Easy access to major attractions, top rate facilities, and accommodation, making it a popular destination for conferences and high profile performers.
13. Property Code: 1443.
