1470MF - Golden Opportunity

SOLD

Adjacent to the jewel of the NSW western plains are four gold mines; the Canadian owned Barrick Gold Mine, New Crest Marsden, Straits Resources and the Mayfair Motel in the heart of West Wyalong. Gold can also be seen in the Springtime covering the plains with Canola.

This is your opportunity to purchase this outstanding 15 room freehold motel that has been successfully operated by the one family for many years. The four bedroom residence is huge plus a private double lock-up garage for all the toys.

Beautifully presented large rooms to suit travellers, tradesman, tourists and the like with considerable return business. There is nothing to spend on this property apart from normal ongoing maintenance. Bedding, joinery, televisions and bathrooms are all well presented in this high 3.5 star property. Just move in and capitalise on the owner's hard work and attention to detail.

Post Note: Barrick has recently sold to Evolution Mining (Australia) who have invested $550 million, therefore securing the long term viability of the gold mine.

Net profit $126,133 for 2014/15

Contact Peter Middlebrook from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1470MF (quote when enquiring)

Location: West Wyalong NSW

West Wyalong, is the administrative centre and largest town in the Bland Shire, which forms part of the Central West region of NSW. Its position on the Newell Highway, 139 kms from Parkes, makes it an important stop for travellers. West Wyalong is a successful agricultural centre, producing most of the State's cereal crops and it is once again a major centre of gold mining, with many hundreds of millions invested in a new gold mine north of the town.

West Wyalong is an attractive country town which many hundreds of thousands of people pass through each year. It is also rich in the history and romance of the past. There are hotels, cafes, takeaways and restaurants in the main street, plus three licensed clubs. Several parks have picnic and barbeque facilities; the Rose Garden is particularly attractive in season.

The Bland Shire has a low unemployment rate with a constant demand for skilled labour. Barrick Cowal is the Bland Shireâ€™s major employer with a workforce of about 320 staff at the Cowal gold mine, located 32 kilometres north of West Wyalong. The mine generates an estimated $54 million in annual household income with new employment opportunities regularly advertised.

Price	SOLD
Location	West Wyalong
Property ID	1470MF
Category	Motel

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