Wentworth, New South Wales
1453MF - Don't Let this Freehold Motel Slip By
SOLD
Business Description
- Modern brick veneer motel.
- One of the best residences with space and comfort to suit a family.
- Endless possibilities with dual income and separate community room with plenty of space for recreation or to utilise the new kitchen facilities.
- 5 vehicles included in the sale.
- Centrally located with hotels and eateries within walking distance.
- Consistent trade and income with high occupancy for extended periods.
- All rooms have been updated with modern decor.
- 23.5 % ROI
Net Profit $342,823 for 2018/19
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1453ML (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: 3344
Business Summary
Key Investment Insights
1. Modern brick veneer motel with updated rooms and modern decor.
2. Dual income potential with separate community room and new kitchen facilities.
3. 5 vehicles included in the sale.
4. Centrally located with nearby hotels and eateries.
5. Consistent trade and high occupancy for extended periods.
6. One of the best residences with ample space and comfort for a family.
7. Strong tourism in the region with over 300,000 visitors annually.
8. Located in Wentworth, a region known for its diversity and as a gateway to Outback Australia.
9. Close proximity to Mungo National Park for potential tour opportunities.
10. Annual Murray River International Music Festival brings in additional tourism.
11. 23.5% ROI with a net profit of $342,823 for 2018/19.
12. Property ID: 1453ML (quote when enquiring).
13. Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
14. Property Code: 3344.
