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 Narrabri Motel and Caravan Park, located in a highly sought-after area.
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 long-term tenant with a 30-year lease from February 2014, providing stability and potential for ongoing income.
4. The property has frontage on the Newell Highway, a major thoroughfare for travelers.
5. There is potential for business growth, with plenty of scope for expansion and development.
6. The property is currently generating a rental income of $120,000 per annum (excluding GST).
7. The property is listed with Tourism Brokers, a reputable agency specializing in tourism and hospitality properties.
8. The property has a unique property ID: 503CPI, making it easily identifiable for interested buyers.
9. Narrabri is a thriving agricultural area, known for its production of high-quality wheat, cotton, fat lambs, and beef.
10. The area is also a popular tourist destination, with a wealth of attractions and activities for visitors.
11. The property has easy access to major highways and is a popular destination for conferences and events.
12. The property is listed under the property code 2353, making it easily searchable for potential buyers.
