41-47 Finley Street, Tocumwal, New South Wales
BIRCH MOTEL
FHGC - $1,950,000
Business Description
CRE Brokers are pleased to offer for sale the Freehold and Business of the Birch Motel formerly the Kanimbla Motor Inn Tocumwal NSW. This established motel and business is being offered for sale and offers an excellent opportunity to undertake a renovation of the existing facilities and build significant future equity. The Birch Motel formerly the Kanimbla Motor Inn comprises 20 motel rooms of varying configurations, a private 3 bedroom owner's residence, attached reception and office, in ground swimming pool and undercover BBQ area. The freehold corner site has an approximate land area of 4,047m2 and is zoned "RU5 Village". Located prominently on the Newell Highway (A39) on the edge of Tocumwal Township and a stone's throw to the Murray River. This motel has not been trading to its potential and would benefit greatly from a hands on experienced operator looking to secure a renovation opportunity. This property provides an astute buyer a wonderful opportunity to secure a modestly priced freehold Going Concern motel, suitable to further develop both the freehold and business interests.
INVESTMENT HIGHLIGHTS:
• An easy to run 20 room motel with no restaurant
• The ideal renovator opportunity with scope to build significant equity
• A large 4,047m2 (approx.) corner allotment with prominent frontage to the Newell Highway
• A stone's throw from the Murray River foreshore with close proximity to restaurants, hotels, shopping & heritage architecture
• Located in the thriving Murray River tourist town of Tocumwal known for attractions such as swimming, boating, fishing, aviation and part of the Murray River Golf Run with its own 36 hole championship course
Business Summary
Other Features / Notes
A:FREEHOLD GOING CONCERN, B:MOTEL, C:NSW - Riverina & MurrayKey Investment Insights
1. Established motel and business for sale in Tocumwal, NSW.
2. Opportunity to undertake a renovation of existing facilities and build equity.
3. Comprises of 20 motel rooms, 3 bedroom owner's residence, reception and office, in ground swimming pool, and BBQ area.
4. Freehold corner site with a land area of 4,047m2 and zoned "RU5 Village".
5. Located prominently on the Newell Highway and close to the Murray River.
6. Potential for hands-on experienced operator to increase profitability.
7. Ideal for a renovator looking for a modestly priced freehold Going Concern motel.
8. No restaurant on site, making it an easy to run business.
9. Close proximity to restaurants, hotels, shopping, and heritage architecture.
10. Located in the thriving tourist town of Tocumwal, known for its recreational activities and golf course.
