Quirindi, New South Wales
1160ML - Best Offer Will Buy! Upper Hunter Leasehold Motel
SOLD
Business Description
- Owners want out! It’s your opportunity.
- Located in a strong Commercial area.
- 18 ground floor units.
- Situated on a big 6,536sqm block.
- Plenty of open space.
- Spacious 3 bedroom residence with plenty of yard space.
- It’s an excellent opportunity for the motivated owner/operators
- No reasonable offer will be refused.
- Contact us now for further details.
Net profit $94,161 for 2016/17; $68.804 for 2017/18
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1160ML (quote when enquiring)
Location: Quirindi is located about 60km southwest of Tamworth and 345 km 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. It is a quiet and peaceful town which prospers because the soils are good and the local farmers are efficient.
Local Events include: Quirindi Rural Heritage Village Rally and Swap Meet, Quirindi Spring Show, Quirindi Boxing Day Races, Wallabadah New Years Day Races, Quirindi Rodeo, King of the Ranges Bush Festival and Spring Ridge Fireworks and Bonfire Night.
Property Code: 2019
Business Summary
Key Investment Insights
1. Located in a strong commercial area, providing potential for high occupancy rates and business growth.
2. 18 ground floor units, offering a variety of accommodation options for guests.
3. Situated on a large 6,536sqm block, providing plenty of open space for guests and potential for future expansion.
4. Spacious 3 bedroom residence with ample yard space, providing comfortable living quarters for owners or managers.
5. Excellent opportunity for motivated owner/operators to take over and grow the business.
6. Owners are motivated to sell and will consider all reasonable offers.
7. Net profit of $94,161 for 2016/17 and $68,804 for 2017/18, indicating a profitable and stable business.
8. Located in Quirindi, a quiet and peaceful town with a strong agricultural industry.
9. Surrounded by local events and attractions, providing potential for increased business during peak seasons.
10. Property code: 2019, making it easy to identify and inquire about the business.
