- Ideal owner/operator Motel! Refurbish and renovate.
- New England Highway frontage in strong Regional City of Tamworth.
- 11 ground floor units.
- Minimal cooking.
- Situated on a large 2,118 sqm block.
- Solid, consistent Turnover in strong motel city.
- Plenty of opportunity for growth.
- After 15 years plus the current owners deserve a spell.
- It's your chance - contact us now for further details!
Net profit $155,864 for 2016/17 as advisded by vendor
Contact David Head from Tourism Brokers for further information or to arrange an inspection prior to auction.
Property ID: 1257MF (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.