Gunnedah, New South Wales

FHGC $1,560,000

Property Description

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.

Investment highlights:

. 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.

Property Summary

Motel Information

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

Marketing Agent

Marketing Agency

CRE Brokers

Darren Leaney
CRE Brokers


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Property Map

Map Location ( get directions )

Gunnedah, New South Wales 2380 Exact map location not provided

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