Narrandera, New South Wales

RIVERINA LEASEHOLD, NEW 30 YEAR TERM, STRONG TRADER - 984ML

SOLD

Business Description

Great motel town location, excellent opportunity.

- 22 room motel leasehold in NSW Riverina.

- High occupancy, lots of repeat trade.

- Consistent long-term performer.

- Long lease with affordable rent ratio.

- Centre of town on Newell Highway.

- All the hard work done, setup for new owner.

- Intersection of Newell and Sturt highways.

- Close to club, shops, food outlets.

- Strong highway trade, lots of infrastructure projects.

- Secure future.

Narrandera is Riverina based country town of approx. 5,000 residents situated on the Newell and Sturt Highways. It is a rural based town with agriculture being prominent as part of the Murrumbidgee irrigation area.

Net profit: $246,353 for 2022/23

Contact Graham Matthews from Tourism Brokers for further information or to arrange an inspection.

Property ID: 984ML (quote when enquiring)

Property Code: 4545

Business Summary

Marketing Agent

Graham Matthews

0421 90....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Prime location in a popular motel town with high occupancy rates and a strong base of repeat customers.
2. Consistently profitable business with a long-term track record of success.
3. Long lease with affordable rent, providing stability and potential for future growth.
4. Strategic location at the intersection of two major highways, ensuring a steady flow of passing trade.
5. Close proximity to local amenities such as clubs, shops, and food outlets, making it a convenient choice for travelers.
6. Strong highway trade and potential for growth with upcoming infrastructure projects in the area.
7. Secure future for the business with a new 30-year lease term.
8. All the hard work has been done, making it a turnkey opportunity for a new owner.
9. Opportunity to tap into the thriving agriculture industry in the Murrumbidgee irrigation area.
10. High projected net profit for the upcoming financial year, providing a strong return on investment for potential buyers.