Quirindi, New South Wales
2669MF - FIRST TIME OFFERED FOR SALE BIG FREEHOLD MOTEL!
SOLD
Business Description
- Originally built as a Nursing Home.
- It’s a property with instant appeal offering that "Something Extra Special".
- 31 Ground Floor Units.
- Spacious, bright and airy feel throughout.
- Plenty of room for improvement and growth.
- Option to split off a Lease or run under Management.
- Commercial Kitchen and Restaurant facility currently underutilised.
- Currently operated as a Bed & Breakfast Motel.
- Huge opportunity for additional Food and Beverage if suited.
- Located in a strong, diverse Commercial are.
- Contact us now for further details.
Quirindi is located about 60 kms southwest of Tamworth and 345 kms north of Sydney via the Newcastle Freeway and the New England Highway, in the heart of the Liverpool Ranges. It is a medium-sized rural service centre which is surrounded by rich agricultural and pastoral properties where sorghum, corn, oats, chickpeas, cotton, canola, sunflowers, wheat and barley are grown.
Net Profit: 88,875 expected for 2020/21
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2669MF (quote when enquiring)
Property Code: 4011
Business Summary
Key Investment Insights
1. The property was originally built as a Nursing Home and has a unique appeal.
2. The motel has 31 ground floor units that are spacious, bright, and airy.
3. There is potential for growth and improvement in the business.
4. The option to split off a lease or run under management provides flexibility for the buyer.
5. The commercial kitchen and restaurant facility are currently underutilized, presenting an opportunity for additional revenue.
6. The motel is currently operated as a bed and breakfast, but there is potential for additional food and beverage services.
7. The property is located in a strong and diverse commercial area.
8. Quirindi is a medium-sized rural service center with a rich agricultural and pastoral industry.
9. The expected net profit for 2020/21 is $88,875.
10. Interested buyers can contact David Head from Tourism Brokers for further information or to arrange an inspection.
