41-47 Finley Street, Tocumwal, New South Wales
BIRCH MOTEL
FHGC - $1,950,000 + SAV
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. The Birch Motel offers an excellent opportunity for a renovation of the existing facilities, providing the potential for significant future equity.
2. The property 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.
3. The motel is located prominently on the Newell Highway (A39) on the edge of Tocumwal Township, providing high visibility and easy access for guests.
4. The motel is situated on a large 4,047m2 corner allotment, providing ample space for potential future development.
5. The property is zoned "RU5 Village" and is located in the thriving Murray River tourist town of Tocumwal, known for its attractions such as swimming, boating, fishing, aviation, and its 36 hole championship golf course.
6. The motel is situated close to restaurants, hotels, shopping, and heritage architecture, providing guests with convenient access to amenities.
7. The property offers an easy-to-run 20 room motel with no restaurant, making it an ideal investment for a hands-on experienced operator.
8. The motel has not been trading to its full potential and would greatly benefit from a hands-on experienced operator looking to secure a renovation opportunity.
9. The property is being offered for sale as a freehold Going Concern, providing the buyer with the opportunity to secure both the freehold and business interests.
10. This is a modestly priced investment with the potential for further development, making it an attractive opportunity for astute buyers looking to enter the motel industry or expand their portfolio.
