Tamworth, New South Wales
1278MF - Freehold Apartments in Regional City!
SOLD
Business Description
- This is a must to inspect.
- 8 Townhouse style 2 bedroom Apartments plus 9 ground floor 1 bedroom Apartments.
- Huge repeat clientele and longer, medium term stays.
- Current DA for a further Apartments.
- Great location in major Regional City.
- Plenty of opportunity for growth.
- Watch you Investment grow!
- Contact us now for further details.
Net profit $278,612 for 2015/16
Contact Peter McHugh from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1278MF (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: 2187
Business Summary
Key Investment Insights
1. Prime location in a major regional city with a strong economy and diverse industries.
2. Established business with a strong and loyal customer base.
3. Diverse accommodation options with 8 townhouse style 2 bedroom apartments and 9 ground floor 1 bedroom apartments.
4. Potential for growth with current DA for further apartments.
5. Strong financial performance with a net profit of $278,612 in 2015/16.
6. Easy going lifestyle and work/life balance in the regional city of Tamworth.
7. Lower housing costs and improved cost of living compared to major cities.
8. Vibrant retail sector, excellent sporting facilities and many employment opportunities in the region.
9. Potential for increased revenue through longer, medium term stays.
10. Opportunity to watch your investment grow in a thriving regional city.
