Tamworth, New South Wales
1266MF - BOUTIQUE FREEHOLD MOTEL IN COUNTRY MUSIC CAPITAL
SOLD
Business Description
- 9 fully renovated self-contained motel units – 4 twins, 3 king singles and 2 x two-bedroom apartments with high end fixtures and fittings.
- Completely renovated residence attached - 2 bedroom, 2 bathrooms, living, dining plus office, complemented with modern accessories.
- Established in readiness for a purchaser’s lifestyle and benefit.
- Designed with self-contained kitchens in place of breakfast requirements to enhance the lifestyle opportunity of the business operation.
- Positioned for a husband-and-wife team dynamic to comfortably live and operate, within a thriving regional community.
- A unique chance for a career, lifestyle and escape from the City grind for a new chapter.
- Construction on a Campus of the University of New England has begun and is scheduled to open in 2024.
Tourism Brokers present an as new completely renovated boutique motel property. I sincerely suggest it displays at a 4.5-star standard. If you are seeking your own freehold plus business investment and lifestyle business in one of NSW’s premier regional cities, here is your rare ticket item.
Full renovation complete late 2020 with the astute experienced owner not sparing expense. The intention is to set the offering up for new purchasers. Granting in our view a perfect opportunity for husband & wife dynamic to invest and operate this boutique motel offering.
Net Profit: $190,000 expected under normal trading conditions
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1266MF (quote when enquiring)
Location: Tamworth is a dynamic, modern and progressive city and a major regional service centre with an easy going lifestyle and a strong economy. Manufacturing, health and community services, education, logistics, wholesale trades, food processing and tourism and hospitality provide a solid economic base for the city. Retail is the biggest employer, and there's a strong base in property and financial service sectors, aviation and construction. Agriculture generates significant economic activity, and so does the Australian Equine and Livestock Events Centre.
Tamworth is a vibrant, easy going place, a top Evocity where the lifestyle means work isn't such a hard stretch and there's plenty of time after work to play sport, play with the kids or just take it easy. Salary rates in regional cities like Tamworth are comparable to Sydney salaries, if not better for many career sectors - but the biggest bonus is in the work/life balance. You get to enjoy it more as a result of lower housing costs, less time travelling to and from work and improved cost of living. There are a lot of reasons why the Tamworth region is attracting people and businesses. People are attracted to the lifestyle, the healthy environment, a vibrant retail sector, excellent sporting facilities and many employment opportunities.
Property Code: 3831
Business Summary
Key Investment Insights
Key Insights:
1. The business for sale is a boutique freehold motel located in the country music capital of Tamworth.
2. The property consists of 9 fully renovated self-contained motel units, including 4 twins, 3 king singles, and 2 two-bedroom apartments.
3. The residence attached to the motel is also completely renovated and includes 2 bedrooms, 2 bathrooms, living and dining areas, and an office.
4. The property is designed with self-contained kitchens instead of breakfast requirements, providing a unique lifestyle opportunity for the new owner.
5. The business is ideally suited for a husband-and-wife team to live and operate within the thriving regional community.
6. This is a rare opportunity for a new owner to have a career, lifestyle, and escape from the city grind.
7. Construction has begun on a new university campus, scheduled to open in 2024, which could potentially bring in more business for the motel.
8. The property has been completely renovated in late 2020 to a 4.5-star standard, making it a highly desirable investment.
9. The expected net profit under normal trading conditions is $190,000.
10. Tamworth is a dynamic and progressive city with a strong economy and a range of industries, including manufacturing, healthcare, education, tourism, and agriculture.
11. The city offers a great work-life balance with lower housing costs and a healthy environment.
12. The Tamworth region is attracting people and businesses due to its lifestyle, retail sector, sporting facilities, and employment opportunities.
