Wentworth, New South Wales
ROI 14% - An Excellent Freehold Going Concern Motel - 1450MF
REDUCED FREEHOLD $2,250,000
Business Description
- Prime highway location at the junction of Australia’s two most important rivers - the Murray and the Darling.
- Beautifully maintained 24 rooms motel catering for all guest configurations.
- The motel is designed as contactless and can be run off site, or under management
- Spacious 3 bedroom ground floor residence.
- Perfectly positioned at the gateway to the NSW outback, Broken Hill and the Riverina.
- 20 minutes from Mildura with spectacular weather that brings holiday makers and workers all year round, along with Ausfly which attracts 2000+ visitors per year.
- Landscaped gardens with palm trees, saltwater pool, outdoor barbeque area and concrete driveway.
- A 1998 Mercedes Benz Sprinter 7 seater van also is included to pick up guests from airport
- Tourism is strong within the Mildura/Wentworth region with many local attractions and activities to entice travellers.
Net Profit: $365,907 for 2023/24
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1450MF (quote when enquiring)
Property Code: 5006
Business Summary
Key Investment Insights
1. Prime highway location at the junction of Australia's two most important rivers, the Murray and the Darling, providing a unique and attractive setting for guests.
2. Well-maintained 24 room motel catering for all guest configurations, making it suitable for a wide range of travelers.
3. Contactless design allows for off-site management or management under management, providing flexibility for the owner.
4. Spacious 3 bedroom ground floor residence for the owner's comfort and convenience.
5. Strategic location at the gateway to the NSW outback, Broken Hill, and the Riverina, attracting a steady flow of travelers and potential for growth.
6. Close proximity to Mildura, a popular tourist destination with a variety of attractions and events, ensuring a consistent flow of guests all year round.
7. Landscaped gardens, saltwater pool, outdoor barbeque area, and concrete driveway add to the overall appeal and comfort of the motel.
8. Included 1998 Mercedes Benz Sprinter 7 seater van for guest pick-up from the airport, providing added convenience for guests.
9. Strong tourism industry in the Mildura/Wentworth region, with many local attractions and activities to attract travelers.
10. High net profit of $365,907 for 2023/24, providing a solid return on investment for potential buyers.
11. Opportunity for further growth and development in the future, given the location and potential for increasing tourism in the region.