Tumut, New South Wales

1353MI - Outstanding Investment Opportunity in CBD Main Street

SOLD

Business Description

- Solid Bricks and Mortar in profile position.

- Primarily commercial clientele with increasing tourism in the area.

- Strong economic regional area.

- Home to major business enterprises.

- Solid cashflow for tenant and landlord.

- Central location in town and preferred repeat business.

- Quality with associated licensed restaurant.

- Strong lease.

- Two hours from Canberra.

- Opportunity for further growth.

Then you simply must call us and arrange an inspection as soon as possible.

Annual Rent: $176,205 plus GST

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1353MI (quote when enquiring)

Location: Tumut is located 423 km from Sydney and 180 km from Canberra via the Hume Highway. The main access to the town is via Gundagai with roads going through both Gocup and Brungle. The Tumut River, which runs for 145 km before joining the Murrumbidgee 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. Long term planting of softwood pine forest by the NSW Forestry Department has ensured a regular and reliable source of timber (unencumbered by any environmental problems) and this prosperity has seen the town become one of the most attractive medium-sized settlements in rural New South Wales. It is estimated that nearly 20% of the town's population now work either directly or indirectly in the forestry/timber industry.

Property Code: 2982

Business Summary

Marketing Agent

Michael Philpott

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Prime location on the main street in the CBD with high visibility and foot traffic.
2. Diverse client base with a mix of commercial and tourism customers.
3. Located in a strong and economically stable regional area.
4. Home to major business enterprises, providing potential for growth and partnerships.
5. Solid cashflow for both the tenant and landlord, ensuring a stable and profitable investment.
6. Central location in town makes it a preferred choice for repeat business.
7. High-quality property with associated licensed restaurant, providing additional revenue streams.
8. Strong lease in place, providing security for the investor.
9. Located only two hours from Canberra, providing potential for increased tourism and business opportunities.
10. Opportunity for further growth and development in the area.
11. Tumut is a prosperous town with a thriving timber industry, providing a stable and reliable source of income.
12. Property Code: 2982.