Tumut, New South Wales

1697MF - RARE FREEHOLD OPPORTUNITY MASSIVE NET $593K HIGH ROI

FREEHOLD $3,500,000

Property Description

- Benefiting from Snowy Hydro Two commencment.

- The five billion dollar project to benefit the region for years.

- Quality Freehold Motel in strong rural location.

- 30 room brick and tile property in excellent condition.

- Excellent presentation trading well.

- Ideal highway location.

- Repeat trade from corporates, tourists, workers.

- High visitation centre.

- Minimal disruption from COVID-19.

- Beautiful offering with high profit.

- Significant internal area with dance floor, easily adapted for conferences, weddings and functions.

- Spare housing block of land may be sold off (STCA).

- Contact now to arrange inspection.

In the past it has been used for presentations to apprentices in the Snowy Hydro scheme as well as weddings. The property offers a significant upside to any potential operator and could easily be run under management. Ideal opportunity for a self-managed super fund investment / operation with separate entity option.

Region demonstrating huge benefits from the commencement of the Snowy Hydro Two, a five billion dollar expansion to last between 5 and 10 years.

The Tumut area is around four hours' drive from Sydney and around two hours from Canberra. You can also fly into Wagga Wagga Airport. The Tumut River flows along the edge of the town; the plains spread out on either side of the river; and the foothills of the Snowy Mountains rise on all sides.

The town is remarkably prosperous largely due to the success of the timber industry. This prosperity has seen the town become one of the most attractive medium-sized settlements in rural New South Wales.

Net Profit: $592,738 for 2020/21

Contact Graham Matthews from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1697MF (quote when enquiring)

Property Code: 3793

Property Summary

Motel Information

Marketing Agent
Graham Matthews
Graham Matthews

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

SNOWY MOUNTAIN FREEHOLD MOTEL OF 30 ROOMS FOR SALE. SHOWING OVER 14% RETURN.
A B Brokers
SNOWY MOUNTAIN FREEHOLD MOTEL OF 30 ROOMS...

TUMUT

$3,500,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Realistic Vendor - Keen To Sell
Not Required to Live Onsite
Located in Eight Mile Plains
Rare Large Townhouse Complex - High Renumeration
Quiet Townhouse Complex
Solid Investment - Motivated Vendor
Great Value Management Rights in Loganlea
Brisbane CBD - Motivated Vendor
82HF - THRIVING QLD PUB WITH FANTASTIC ROI
Business For Sale - Large Varsity Lakes Permanent - ID 8941 H
Secure this rare FREEHOLD motel on prime coastal reality with KNOCKOUT views! | Resort Brokers ID : FH006910
ONE OF QUEENSLAND'S LARGEST MANAGEMENT RIGHTS PORTFOLIO’S TO HIT THE MARKET | Resort Brokers ID : MR006896
FREEHOLD CARAVAN PARK IN NORTH WEST QLD OFFERED WITH RETURN OF OVER 16%
2667ML - A GREAT SIZE MOTEL WHERE NUMBER OF ROOMS IS KING
2404ML - A SMALL PRICE TO START YOUR MOTEL CAREER
1114ML - BLUE CHIP WATERFRONT BOUTIQUE LEASEHOLD HOTEL
CRACKING LITTLE BEACH SIDE LIFESTYLE BUSINESS - INSPECT NOW | Resort Brokers ID : MR006818
Secure your financial future lifestyle with this absolute beachfront MR | Resort Brokers ID : MR006916