1267MI Goonoo Goonoo Road, Tamworth, New South Wales
1267MI - SOLD - A Rare Investment Motel Opportunity!
SOLD
Business Description
- Don’t Miss This!
- Affordable, low maintenance brick and tile.
- 11 well maintained and presented ground floor units.
- Located in the strong NSW Regional City of Tamworth.
- Long 22 years left on the Lease.
- With stagnant interest rates, it’s an exceptional Investment opportunity.
- A great addition to your Superannuation.
- Make it yours!
Tamworth is a dynamic, 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. 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, as 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.
Annual Rent: $93,855 ex GST with CPI increases
Auction: 24th September at 10.00am
50 Margaret St. Sydney
(If not Sold Prior)
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1267MI (quote when enquiring)
Property Code: 3196
Business Summary
Key Investment Insights
Key Insights:
1. Affordable and low maintenance brick and tile motel with 11 well-maintained ground floor units.
2. Located in the strong NSW Regional City of Tamworth, providing a solid economic base with industries such as manufacturing, health and community services, education, and tourism.
3. Long 22 years left on the lease, making it a stable and secure investment opportunity.
4. With stagnant interest rates, this motel presents an exceptional investment opportunity for potential buyers.
5. A great addition to a superannuation portfolio.
6. Tamworth offers a vibrant and easy-going lifestyle, with a strong work-life balance and lower housing costs compared to major cities.
7. Annual rent of $93,855 ex GST with CPI increases.
8. Auction to be held on 24th September at 10.00am at 50 Margaret St. Sydney, with the possibility of a prior sale.
9. Contact David Head from Tourism Brokers for further information or to arrange an inspection.
10. Property ID: 1267MI (quote when enquiring).
11. Property Code: 3196.