Glen Innes, New South Wales

Freehold $895,000

Property Description

564MF - Centrally Located Freehold Opportunity

- Excellent position within town centre, 200m from the main street and Highway.

- 17 ground floor rooms with an ideal mix of configurations.

- Good frontage with drive through access and ample parking.

- Attached three-bedroom manager’s residence.

- Strong repeat corporate clientele.

- No third-party booking agents.

This brilliantly located freehold presents an opportunity to capitalise on an established business which is easily managed by a couple with few staff. The structure has been well maintained and with recent upgrades made to some suites, new carpet throughout and fresh external paintwork. The operation enjoys steady occupancy through loyal repeat customers.

Alternatively, the business could be further expanded through the adoption of third-party booking agencies as well as some further modernisation of the suites. The central location will support and reward this kind of investment.

For lifestyle or growth, be sure to check this one out.

Net Profit: $141,970 for 2017/18

Contact Angus Cooke from Tourism Brokers for further information or to arrange an inspection.

Property ID: 564MF (quote when enquiring)

Location: Glen Innes is situated amidst rolling countryside on the Northern Tablelands of NSW, 624 km north-east of Sydney. It has a current population of 6,250 people. The local economy is based principally upon agriculture and tourism.

The town is known for its fine parks which are especially attractive in autumn. Glen Innes has numerous arts, craft and collectables shops. Fishing, fossicking and horseriding are also popular ways to enjoy the scenic environs.

The town's annual celebrations include the Pastoral and Agricultural Show in February, the Australian Celtic Festival in May, Minerama in September, the Australian Bush Music Festival in October, the Land of the Beardies Bush Festival in November and Gourmet in the Glen. The town markets are held on the second Sunday of the month in Grey St and, in summer, on the third Sunday at Red Range Sports Grounds.

Property Code: 3200

Property Summary

Motel Information

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

Marketing Agent

Marketing Agency

Tourism Brokers

Angus Cooke
Tourism Brokers


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Map Location ( get directions )

Glen Innes, New South Wales 2370 Exact map location not provided

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