Wentworth, New South Wales
1450MF - Top Rated Motel and Solid Investment
SOLD
Business Description
- Take advantage with this No. 1 rated motel in town – Trip Advisor.
- With 24 high quality rooms, and a modern 3 bedroom residence, this property is ripe for the picking with a growing trade and income to support.
- Explore and grow the Bus trade which provides a staple income.
- The 3 bedroom residence is designed to suit a family, with private garden and room to move.
Ill health has forced the owners to reluctantly sell their pride and joy. A Freehold Going Concern with plenty of upside and all the hard work done. An inspection will impress.
Net Profit $112,612 for 2018/19
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1450MF (quote when enquiring)
Location: Wentworth is located at the meeting places of the Murray and Darling rivers in far south-western New South Wales. Wentworth Shire is a region of great diversity and it offers you the opportunity to experience an introduction to Outback Australia. It is also a good staging point for tours of Mungo National Park.
Tourism is strong within the Mildura/Wentworth region. Each year there are more than 300,000 visitors to the junction of Australia's two greatest rivers. The quality of Club and sporting facilities is a reflection of the contribution the tourist makes.
Events: Murray River International Music Festival is an annual event providing a dynamic program of performances in the Mildura region.
Property Code: 3628
Business Summary
Key Investment Insights
1. The motel is currently the top rated accommodation option in the town according to Trip Advisor.
2. The property includes 24 high quality rooms and a modern 3 bedroom residence.
3. There is potential for growth in the bus trade, which currently provides a stable income.
4. The 3 bedroom residence is suitable for a family and includes a private garden.
5. The current owners are selling due to ill health, creating an opportunity for new owners to take over a successful business.
6. The property is a Freehold Going Concern, meaning the new owners will own both the business and the property.
7. The net profit for 2018/19 was $112,612.
8. Interested parties can contact Andrew Cronin from Tourism Brokers for more information or to arrange an inspection.
9. The property is located in Wentworth, a region known for its diversity and as a gateway to Outback Australia.
10. The Mildura/Wentworth region is a popular tourist destination, with over 300,000 visitors each year.
11. The region also hosts events such as the Murray River International Music Festival.
12. The property is listed under the code 3628.
