Wentworth, New South Wales
ROI 14% - An Excellent Freehold Going Concern Motel - 1450MF
SOLD
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, making it a highly desirable and convenient stop for travelers.
2. Well-maintained 24 room motel with a variety of room configurations to cater to all types of guests.
3. Contactless design allows for the motel to be run off-site or under management, providing flexibility for the owner.
4. Spacious 3 bedroom ground floor residence for the owner's accommodation.
5. Strategic location at the gateway to the NSW outback, Broken Hill, and the Riverina, attracting a steady stream of travelers and workers.
6. Close proximity to Mildura, a popular tourist destination with a range of attractions and activities for visitors.
7. Includes a 1998 Mercedes Benz Sprinter 7 seater van for guest pick-up from the airport.
8. Strong tourism industry in the Mildura/Wentworth region, ensuring a steady flow of guests throughout the year.
9. Attractive landscaped gardens with amenities such as a saltwater pool, outdoor barbeque area, and concrete driveway.
10. High projected net profit of $365,907 for 2023/24, making it a profitable investment opportunity.
11. Opportunity for further growth and development in the region, with events such as Ausfly attracting over 2000 visitors per year.
12. Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
13. Property ID: 1450MF (quote when enquiring).
14. Property Code: 5006.