Wentworth, New South Wales

A SOLID FREEHOLD INVESTMENT OPPORTUNITY - 1450MI

SOLD

Business Description

- Solid 24 room motel with 3 bedroom ground floor residence.

- Brand new 35 year new lease.

- Experienced Leaseholder in place improving the property.

- Starting rent at $60,000 plus GST from October 2023.

- Close to town and the river on a 2,500 m2 block.

Tourism is strong within the Mildura/Wentworth region with many local attractions and activities to entice travellers.

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1450MI (quote when enquiring)

Location: Wentworth is located at the meeting places of the Murray and Darling rivers in far south-western NSW. Wentworth Shire is a region of great diversity, and it offers the opportunity to experience an introduction to Outback Australia. 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. From Wentworth, you can cruise the waterways on a riverboat tour, explore numerous sites associated with the indigenous Barkindji people and wander along self-guided heritage trails.

Property Code: 4487

Business Summary

Marketing Agent

Andrew Cronin

0433 09....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Freehold investment opportunity: The property for sale is a solid 24 room motel with a 3 bedroom residence, making it a valuable investment for potential buyers.

2. Brand new lease: The property comes with a brand new 35 year lease, providing long-term stability for the new owner.

3. Experienced leaseholder in place: The current leaseholder has experience in improving the property, which can be beneficial for the new owner.

4. Starting rent at $60,000 plus GST: The starting rent for the property is set at a reasonable price, providing potential for a good return on investment.

5. Close to town and the river: The property's location is ideal, being close to town and the river, making it attractive to tourists and travelers.

6. Large block size: The property sits on a 2,500 m2 block, providing ample space for potential expansion or development.

7. Strong tourism in the region: The Mildura/Wentworth region has a strong tourism industry, with many local attractions and activities to entice travelers.

8. Potential for growth: With the increasing number of visitors to the region, there is potential for growth and increased revenue for the motel.

9. Ideal for owner-operators: The property is suitable for owner-operators, providing the opportunity to live on-site and manage the motel.

10. Heritage and cultural significance: Wentworth is a region of great diversity, with a rich indigenous history and numerous heritage sites, making it an attractive destination for travelers.