Serviced Apartments Near the Heart of Gunnedah - 86% Occupancy over 9 years - 1P5113M
Gunnedah Serviced Apartments is the largest self-contained apartment operator in Gunnedah and is now being offered as a WIWO Freehold Going Concern for the very first time.
Offering 6 fully self-contained furnished 2-bedroom residential apartments located near the heart of Gunnedah CBD, this wonderful business can be operated as a passive investment or as a remote owner-operator.
Customer profiles include corporate travellers and contractors requesting longer term stays up to two years and tourists wanting short term stays.
. Consistent Sales revenue over numerous consecutive years
. High demand for self-contained accommodation for blue and white collar workers and travellers
. Average occupancy over the past 9 years = 86%
. Average occupancy since COVID = 92%
Gunnedah is a thriving town with diverse industries. Coal mining workers contribute substantially to the ongoing income of the business together with agriculture and the two new solar farms under way.
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -