Tumut, New South Wales

Investment $2,100,000

Property Description

1353MI - Outstanding Investment Opportunity in CBD Main Street

- Solid Bricks and Mortar in profile position.

- Primarily commercial clientele with increasing tourism in the area.

- Strong economic regional area.

- Home to major business enterprises.

- Solid cashflow for tenant and landlord.

- Central location in town and preferred repeat business.

- Quality with associated licensed restaurant.

- Strong lease.

- Two hours from Canberra.

- Opportunity for further growth.

Then you simply must call us and arrange an inspection as soon as possible.

Annual Rent: $176,205 plus GST

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1353MI (quote when enquiring)

Location: Tumut is located 423 km from Sydney and 180 km from Canberra via the Hume Highway. The main access to the town is via Gundagai with roads going through both Gocup and Brungle. The Tumut River, which runs for 145 km before joining the Murrumbidgee River, flows along the edge of the town; the plains spread out on either side of the river; and the foothills of the Snowy Mountains rise on all sides.

The town is remarkably prosperous largely due to the success of the timber industry. Long term planting of softwood pine forest by the NSW Forestry Department has ensured a regular and reliable source of timber (unencumbered by any environmental problems) and this prosperity has seen the town become one of the most attractive medium-sized settlements in rural New South Wales. It is estimated that nearly 20% of the town's population now work either directly or indirectly in the forestry/timber industry.

Property Code: 2982

Property Summary

Motel Information

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

Marketing Agent

Michael Philpott

Marketing Agency

Tourism Brokers

Michael Philpott
Tourism Brokers

Phone

Listing Tools

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Map Location ( get directions )

Tumut, New South Wales 2720 Exact map location not provided

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