Moree, New South Wales
904MF - AFFORDABLE FREEHOLD WITH PLENTY OF UPSIDE!
SOLD
Business Description
- Located in the wealthy Moree area.
- 15 ground floor units.
- Plenty of upside with drought breaking rains.
- Moree has the capability of rebounding quickly from COVID-19.
- Large 4 bed owner’s residence with access to reception.
- Central location near cafes, restaurants and artesian spa baths.
It is rare to offer an opportunity like this that has a true family sized residence. Upstairs boasts four bedrooms, two bathrooms, a large lounge area and kitchenette. Downstairs is another living area attached to reception and a shared kitchen. There is secure parking and an onsite pool for the family and guests alike.
The 15 large rooms are of varying configurations. There is very limited lawns and gardens to maintain, this gives you time to concentrate on your business.
Moree is a great motel town that has consistent trade due to being the major regional centre for an agricultural area and being the access point for several inland highways. Trade comes from reps, tradies, farmers coming to town and travellers alike.
This is a wonderful opportunity to enter the motel market with a reasonably priced freehold. Contact us now for further details.
Net Profit $146,840 for 2018/19
Contact James Carrick from Tourism Brokers for further information or to arrange an inspection.
Property ID: 904MF (quote when enquiring)
Location: Moree is a progressive and dynamic town situated at the heart of NSW's northern wheat belt and recognised nationally as Australia's Artesian Spa Capital. Ideally nestled on the New South Wales and Queensland border, Moree is a town rich in culture, heritage, agriculture and natural assets with each component intertwining to define the characteristics of both the town and the community.
Moree is recognised as the capital of an emerging region. It is one of Australia's premier areas for agriculture production and is located on a significant national transportation corridor. Moree Shire presents significant opportunities for business and industry, with its stable population and access to three major cities - Sydney, Melbourne and Brisbane - and other coastal and inland centres and ports.
The region's economy is based on traditional agricultural industries such as cotton, wheat, sheep, cattle and pecan nuts, supplemented by emerging olive and citrus industries. Tourism, retail, finance, business services and properties are also strongly represented. Moree offers a range of outstanding amenities, facilities, and commercial amenities, facilities and commercial advantages.
Property Code: 3325
Business Summary
Key Investment Insights
Key Insights:
1. Located in the wealthy Moree area, which is a major regional centre for agriculture and a popular tourist destination.
2. 15 ground floor units provide a variety of accommodation options for guests.
3. The recent drought-breaking rains have created plenty of upside potential for the business.
4. Moree has the ability to rebound quickly from the effects of COVID-19 due to its strong agricultural and tourism industries.
5. The property includes a large 4-bedroom owner's residence with access to reception, providing a true family-sized living space.
6. The central location near cafes, restaurants, and artesian spa baths is a major drawcard for guests.
7. Limited lawns and gardens to maintain allow for more time to focus on the business.
8. Moree is a popular motel town with consistent trade from a variety of sources, including reps, tradies, farmers, and travelers.
9. This is a rare opportunity to enter the motel market with an affordable freehold property.
10. The net profit for 2018/19 was $146,840, making this a profitable investment opportunity.
11. Moree is a progressive and dynamic town with a rich culture, heritage, and strong economy.
12. The region's economy is based on traditional agricultural industries, supplemented by emerging industries such as olives and citrus.
13. Moree offers a range of outstanding amenities, facilities, and commercial advantages for businesses.
14. The property code is 3325, and interested buyers should quote this code when enquiring.
