Tenterfield, New South Wales

Leasehold $450,000

Property Description

1648ML - Owner Says Bring Me an Offer!

  • Best position in town with main road exposure.
  • Great B&B motel that would suit a first timer operator.
  • 3-bedroom residence attached to reception.
  • 19 well-presented rooms of varying configuration.
  • Definite upside for a motivated working couple.
  • Long lease and reasonable rent.
  • Motivated vendor says all genuine offers will be considered.

Excellent 19 room motel in the middle of town where your guests can walk to everything. This motel has been a consistent performer but a working couple could definitely improve the performance. The residence is suitable for a couple or family with three bedrooms and room to move. Set in a quiet and friendly town that offers a charming country lifestyle yet only three hours to Brisbane, this motel is a must for first time operators.

This is the time to pounce. My vendor has said bring me an offer I can't refuse. Call Tony now to enquire about your future.

Net profit $139,134 for 2016/17 (as provided by vendor)

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1648ML (quote when enquiring)

Location: Tenterfield, 715 km north-east of Sydney and 275 km south of Brisbane, is an untouched, well-renowned historical district surrounded by spectacular bush lands, Tenterfield enjoys mild alpine summers, sunny winter days and crisp winter nights, blazing red autumns with stunning tree lined roads and bright wildflower springs.

Tenterfield is the major centre of the region, and is surrounded by the villages of Drake, Jennings, Legume, Liston, Torrington and Urbenville. This is a growing town in which the population has increased by 10% over the past 12 months. The current population is 3,500.

The Tenterfield area is devoted to sheep and cattle though orchards, farm crops, a silica mine and a growing tourism sector all contribute to the local economy. Tenterfield is very popular with sporting groups - bowls, tennis, golf, football and so on. The local 18-hole golf course is among the best in rural NSW.

Property Code: 1964

Property Summary

Motel Information

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

Marketing Agent

Tony Johnson

Marketing Agency

Tourism Brokers

Tourism Brokers

Tourism Brokers

Tony Johnson
Tourism Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Tenterfield, New South Wales 2372 Exact map location not provided

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