Tamworth, New South Wales

Leasehold $900,000

Property Description

1256ML - New Regional City Leasehold Motel!

• A 30 year Lease is being offered
• Easily operated Bed & Breakfast Motel - No Cooking!
• 14 Motel Units and 6 x 2 Bedroom Apartments
• Strong Turnover and good repeat Business
• Across highway from Sporting Fields and CBD
• Sort after Tamworth location
• Contact us now for further details!

The Freehold owners are offering a new Lease opportunity. It offers 14 Motel units and 6 two-bedroom Apartments and has a strong Turnover in excess of $600,000 essentially in Accommodation. The current owners do no cooking and only provide a continental breakfast.

The property has an excellent presentation and is well positioned with a lovely, open outlook across sporting fields to the CBD, and the hills of East Tamworth.

Tamworth is one of Regional NSW's growth centres and has a very strong and diversified Commercial base. It’s the home of Country Music and has the internationally acclaimed Equine Centre.

The Motel has a very solid core of repeat business, offering a good range of accommodation for its guests. Add to this a very comfortable three-bedroom residence and you have a Motel that is well worthy of your inspection.

Net Profit: $237,316 for 2017/18

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

Property ID: 1256ML (quote when enquiring)

Location: Tamworth is a dynamic, modern and progressive city and a major regional service centre with an easy going lifestyle and a strong economy. Manufacturing, health and community services, education, logistics, wholesale trades, food processing and tourism and hospitality provide a solid economic base for the city. Retail is the biggest employer, and there’s a strong base in property and financial service sectors, aviation and construction. Agriculture generates significant economic activity, and so does the Australian Equine and Livestock Events Centre.

Tamworth is a vibrant, easy going place, a top Evocity where the lifestyle means work isn't such a hard stretch and there's plenty of time after work to play sport, play with the kids or just take it easy. Salary rates in regional cities like Tamworth are comparable to Sydney salaries, if not better for many career sectors - but the biggest bonus is in the work/life balance. You get to enjoy it more as a result of lower housing costs, less time travelling to and from work and improved cost of living. There are a lot of reasons why the Tamworth region is attracting people and businesses. People are attracted to the lifestyle, the healthy environment, a vibrant retail sector, excellent sporting facilities and many employment opportunities.

Property Code: 2786

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

Tourism Brokers

David Head
Tourism Brokers

Phone

Listing Tools

This listing last updated: 19th September 2018

Property Map

Map Location ( get directions )

Tamworth, New South Wales 2340 Exact map location not provided

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