Tamworth, New South Wales
1262ML - Top Drawer Leasehold Motel Priced to Sell
SOLD
Business Description
- The first to inspect will buy!
- It's a motel you would be proud to call your own!
- 12 ground floor 4 star units and 3 apartments.
- Super strong repeat clientele.
- Located in the thriving Regional City of Tamworth.
- Strong Tariffs - attractive Rent Ratio.
- Average Turnover in last 3 years over $600k.
- Minimal Food and Beverage.
- Modern, open plan 3 bedroom residence.
- The owners have priced it for a quick sale.
- Don't Miss Out - Call us now for further details.
Net profit $305,249 for 2015/16
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1262ML (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, opened in 2008.
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: 2125
Business Summary
Key Investment Insights
1. Motel with strong repeat clientele.
2. Located in a thriving regional city.
3. 12 ground floor 4 star units and 3 apartments.
4. Strong tariffs and attractive rent ratio.
5. Average turnover of over $600k in the last 3 years.
6. Minimal food and beverage operations.
7. Modern, open plan 3 bedroom residence.
8. Priced for a quick sale.
9. Net profit of $305,249 for 2015/16.
10. Located in Tamworth, a dynamic and progressive city with a strong economy.
11. Tamworth offers a great work/life balance with lower housing costs and less travel time.
12. A top Evocity with a vibrant retail sector and excellent sporting facilities.
13. Property ID: 1262ML.
14. Contact David Head from Tourism Brokers for further information or to arrange an inspection.
15. Property Code: 2125.
