Coonabarabran, New South Wales

Leasehold $395,000

Property Description

1630ML - Big Leasehold Motel, Small Price, Huge 46% Return!

• Low entry price, and big return!
• A big 40 unit Motel situated on the busy Newell Highway
• Set back from Highway on 3 acres of tranquil bush land setting
• Strong Turnover in the high $600k’s
• Lifestyle plus Income
• It deserves your immediate attention
• Contact us now for further details!

Located in Australia's only "Dark Sky Park" at Coonabarabran, the Astronomy Capital of Australia, this motel is a big opportunity at a small price. It offers 40 ground floor units and is situated on the busy Newell Highway being the ideal stopover for Melbourne to Brisbane travelers. Set back from the Highway in a tranquil bush setting with plenty of wildlife, it's a motel with a difference.

There's plenty of space on the big 1.22 Ha site and it has a comfortable two bedroom residence and large private yard.

Showing a huge 46 % return, you can't go past it. Contact us now for your inspection.

Net Profit $182,791 for 2017/18

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1630ML (quote when enquiring)

Location: Coonabarabran is home to more than 3,000 countryside dwellers. The town is located in Warrumbungle Shire in New South Wales. Coonabarabran is 451 kms away from the north-western part of Sydney, 161 kms north-east of Dubbo, 182 kms west of Tamworth, and 120 kms from the south-western region of Narrabri.

This peaceful town is known for its spectacular view of the mountain ranges that outline the area and is a popular gateway to the Warrumbungle Range and the Pilliga Forest. There are museums, caravan parks, observatories, and shopping centers in the area. Camping, star-gazing, and sight-seeing can also be fun activities for the family.

Event: Festival of the Stars in November is a month-long event celebrating arts and astronomy in Coonabarabran.

Property Code: 2800

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent


Marketing Agency

Tourism Brokers

David Head
Tourism Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Coonabarabran, New South Wales 2357 Exact map location not provided

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