Narrandera, New South Wales
Excellent Opportunity For Owner-Operators - 1694ML
LEASEHOLD $350,000
Business Description
- Located in the vibrant regional township of Narrandera, NSW
- Corner highway location at the top of the main street (East St and Whitton St)
- Close to all services
- Ample size 3 bedroom residence
- Low maintenance buildings
- Excellent facilities
- Easily operated by a couple
- Regular clientele
- A sensible return on Investment
Located on the Newell Highway this is a well-presented Motel, enjoying an improving occupancy. This business performs well all year round. Narrandera the town of trees. Enjoy a tree change and enjoy the country lifestyle with it. The property is currently run remotely from Melbourne, it would be possible to lease out the manager’s accommodation and run fully remotely.
The great location says it all. The placement is just right. Operate your own business in a relaxed atmosphere. The results are shown on the income. This business will not last long.
Net Profit: $106,745 for 2023/24
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1694ML (quote when enquiring)
Property Code: 5129
Business Summary
Key Investment Insights
1. Prime corner highway location in the vibrant regional township of Narrandera, NSW
2. Close proximity to all services, making it convenient for guests
3. Spacious 3 bedroom residence included, providing comfortable living for owners
4. Low maintenance buildings, reducing operating costs
5. Excellent facilities, ensuring a comfortable and enjoyable stay for guests
6. Easily operated by a couple, making it ideal for owner-operators
7. Regular clientele, providing a steady flow of income
8. Sensible return on investment, making it a profitable business
9. Well-presented motel with improving occupancy rates
10. Possibility to lease out manager's accommodation and run business remotely
11. Enjoy a relaxed country lifestyle in the town of trees
12. Great location with high visibility and easy access for guests
13. Strong financial performance, with a projected net profit of $106,745 for 2023/24
14. Opportunity to own and operate your own business in a relaxed atmosphere.
