Orange, New South Wales
1062ML - Outstanding Opportunity in Prime Position
SOLD
Business Description
- One of the largest motels in Orange
- Strategically positioned
- 49 spacious, refurbished rooms
- Fully licensed restaurant with extensive wine list
- Full commercial kitchen
- Plenty of potential for growth
Opportunities like this are rare and Orange is regarded as a safe location with increasing support from the medical sector, huge growth in the retirement village and tourism sectors, as well as a number of regional offices. Being in close proximity to Sydney and having a well patronized airport with a new hospital and essential quality schooling, Orange draws market segments from Dubbo and beyond.
Net profit $302,075 for 2015/16
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1062ML (quote when enquiring)
Location: Orange, known as Australia's Colour City with its four distinct seasons, is located in Central West NSW. Only 3.5 hours from Sydney and within easy reach of the Blue Mountains you will discover a welcoming city, rich in local history, a flourishing cultural scene, fruitful landscapes, historical buildings, art and culture to surprise you and some of the best food and wine in Australia.
Orange has attractions to suit all tastes and budgets and access is easy with daily direct flights from Sydney, a daily Countrylink service, daily coach services and excellent road access. Orange is a great destination for relaxing short breaks, food and wine adventures, art and heritage discovery or simply to enjoy the natural beauty of the region.
Events: Orange Wine Week, Frost Fest and F.O.O.D. Week.
Major Projects: The proposed Macquarie Orange Pipeline, Orange Airport Expansion, North Orange Bypass and Indoor Aquatic Centre.
Property Code: 1944
Business Summary
Key Investment Insights
1. Rare opportunity to acquire one of the largest motels in Orange.
2. Prime strategic location in a safe and growing city.
3. 49 spacious and recently refurbished rooms.
4. Fully licensed restaurant with extensive wine list.
5. Full commercial kitchen.
6. Potential for growth in the medical, retirement, tourism, and regional office sectors.
7. Close proximity to Sydney and well-patronized airport.
8. Net profit of $302,075 for 2015/16.
9. Located in Orange, known for its four distinct seasons and rich local history.
10. Easy access via daily direct flights, train, coach, and road.
11. Hosts popular events such as Orange Wine Week, Frost Fest, and F.O.O.D. Week.
12. Major projects in the works for the city, including a pipeline, airport expansion, bypass, and aquatic centre.
