Narrandera, New South Wales

IDEAL HUSBAND AND WIFE MOTEL, GOOD INCOME, GREAT LIFESTYLE - 983ML

LEASEHOLD $630,000

Business Description

- Looking For a Change, This is the One.

- 15 Very Comfortable Rooms and Very Well Presented.

- Ease Of Operation for Working Couple.

- Lifestyle and Income, Spacious Residence with Good living Areas, Pool, Barbeque.

- New Bathrooms, Quality Rooms Nothing To Spend.

- Excellent Location in Town on Newell Highway.

- Trading Well with Good Occupancy and Solid Profits.

- Many Large Projects Locally and solid Trade Mix.

- This One is Well Worth A Look.

Narrandera is a rural based town in the Western Riverina area of southern NSW. It has a thriving motel trade due intersection of two major highways and major infrastructure projects in the region.

Inspection by appointment only.

Net Profit: $200,331 for 2022/23

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

Property ID: 983ML (quote when enquiring)

Property Code: 4878

Business Summary

Marketing Agent
Graham Matthews
Graham Matthews

Key Investment Insights

1. The motel has 15 well-presented and comfortable rooms.
2. It is an ideal business for a husband and wife team.
3. The spacious residence offers a good lifestyle and income with amenities such as a pool and barbeque.
4. The bathrooms are new and the rooms are of high quality, requiring no additional investment.
5. The location on the Newell Highway is excellent for attracting guests.
6. The motel is currently trading well with good occupancy rates and solid profits.
7. The region has many large projects underway, providing a steady trade mix for the motel.
8. The property is well-maintained and worth considering for potential buyers.
9. Narrandera is a thriving rural town with major highways intersecting and infrastructure projects in the region.
10. The net profit for the 2022/23 financial year is estimated to be $200,331.
11. Interested buyers can contact Graham Matthews from Tourism Brokers for more information or to schedule an inspection.
12. The property ID for this listing is 983ML.
13. The property code for this listing is 4878.
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