Tocumwal, New South Wales
1333ML - A Unique Leasehold Opportunity Awaits You
SOLD
Business Description
- Currently this 17 unit Motel is not trading.
- It awaits a new beginning from an ambitious entrepreneur.
- Located a short distance off the Highway, it enjoys a tranquil setting.
- This Motel was built in the 90's with low maintenance in mind.
- Operate as is or improve it to the next level.
- Plenty of room on a large site.
- Easy one person operation, but much easier with two.
- Excellent facilities. A great location for a tree-change.
- This Leasehold property is newly listed and will not last long in today's market.
Take the window of opportunity and grasp on for the ride. An opportunity to rebrand and rename Let's do it right this time by putting your name on the business. Tocumwal is a popular tourist area. There is an opportunity to diversify and expand your income streams within the industry.
Net profit $116,000 for 2013/14
Contact Barry Bolwell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1333ML (quote when enquiring)
Location: Tocumwal NSW
Tocumwal is a bridge between two states, located on the Murray River between NSW and Victoria and is 257 km from Melbourne, Victoria and is the first stop on one of Australia's major inland routes, the Newell Highway.
An ideal spot from which to explore the region, enjoy exceptional food and wine, get a rush from water sports and flying adventures, relax while bushwalking and camping or visit museums on your hunt for antiques and collectables.
Tocumwal's river foreshore reserve provides ready access to the Murray River from the Main Street, which is full of character and olde world charm. Discover the magnificent 36 hole championship golf course, go gliding from the historic aerodrome or visit one of the many cafes or historic pubs for a hearty country meal and a chat with some of the locals. A visit to Tocumwal is not complete without taking a photo with the giant Murray Cod on the Tocumwal foreshore
Tocumwal and surrounding towns within Sun Country on the Murray are home to some of the finest seasonal produce this country grows. This produce makes its way to the region's many restaurants and eateries for you to savour and enjoy.
Property Code: 1801
Business Summary
Key Investment Insights
1. The motel is currently not operating and is in need of a new owner to revitalize the business.
2. The location of the motel is in a tranquil setting, a short distance off the highway.
3. The property was built with low maintenance in mind and has potential for improvement.
4. The large site provides plenty of room for expansion and diversification of income streams.
5. The motel can be operated by one person, but would be more efficient with two.
6. The facilities of the motel are in excellent condition.
7. Tocumwal is a popular tourist area with opportunities for outdoor activities and exploring the region.
8. The net profit for 2013/14 was $116,000.
9. The property is newly listed and is expected to sell quickly in the current market.
10. Tocumwal is located on the Murray River between NSW and Victoria and is a popular stop on the Newell Highway.
11. The town offers a variety of activities and attractions, including a 36 hole championship golf course, gliding, and historic pubs.
12. The region is known for its exceptional seasonal produce, which can be enjoyed at local restaurants and eateries.
