Narrabri, New South Wales
503CPI - A Rare Investment Opportunity!
SOLD
Business Description
- Narrabri Motel and Caravan Park, Narrabri.
- Existing tenant with 30-year Lease from February 2014.
- A diverse accommodation range in a most sought-after area.
- 16 Motel units, 24 Cabins set on 10,118sqm.
- Newell Highway frontage.
- Plenty of scope for Business growth.
- An Investment opportunity you just can't miss!
- Contact us now for further details.
Rent $120,000 per annum (excluding GST)
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 503CPI (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: 2353
Business Summary
Key Investment Insights
1. The business for sale is a motel and caravan park located in Narrabri, a sought-after area in New South Wales, Australia.
2. The property has a diverse range of accommodation options, including 16 motel units and 24 cabins, set on a large 10,118sqm lot.
3. The property has a prime location with frontage on the Newell Highway, providing easy access for travelers.
4. The current tenant has a 30-year lease from February 2014, providing stability and potential for long-term income.
5. The rent for the property is $120,000 per annum, excluding GST.
6. There is plenty of scope for business growth, potentially through marketing and expanding the range of amenities and services offered.
7. Narrabri is a thriving agricultural area, known for its production of high-quality wheat, cotton, and livestock.
8. The area also has a strong tourism industry, with a variety of attractions and activities for visitors.
9. The property is located in a convenient location for conferences and events, making it attractive for high-profile performers and businesses.
10. This is a rare investment opportunity in a highly sought-after area, with potential for long-term growth and income.
