382ML - Money Maker with Huge Upside

SOLD

1 m2

23 rooms are quiet and a good size
Comfortable 4-5 bedroom residence
This property offers a sound business proposition in a central location.
Roughly half way between Sydney and Melbourne
Close to the Centre of a prosperous Riverina Town
Generous off street free parking for coaches with a rear lane access with enough room for guests' cars, buses and other vehicles
Salt water swimming pool and good size spa for guests to enjoy
Friendly, spotless, well run value for money motel.
Fully Licensed dining facility capable of seating 50 people 2 minutes walk away or try one of the other pubs, clubs or restaurants (incl. Thai and Chinese)
Full commercial stainless steel kitchen
Dual entrances to units with one onto the carpark, the other onto the landscaped centre courtyard that facilitates privacy and security for guests
Outdoor barbeque area for inhouse guests should they prefer a change

Previously Ranked #1 on Trip Advisor this neat 3.5 star 23 room motel offers a good home cooked meal in the dining room and a comfortable bed. Close to the centre of this prosperous Riverina town this business continues to enjoy a high occupancy with consistent repeat business.

Local attractions include, Cricket Captains Walk, Bradman's Birthplace, Heritage Centre, Creative Arts and Cultural Centre.

Net profit $119,425 for 2015/16

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 382ML (quote when enquiring)

Location: Cootamundra Shire, consisting of Cootamundra and the villages of Stockinbingal and Wallendbeen, has a combined population of around 7,500 people who have chosen to live there because of the community spirit, the affordable lifestyle, the natural setting, the different choices of rural, residential, village or town living, the retail, health, education and cultural services, the prosperous economy and easy access to Canberra, Sydney, Melbourne, the mountains, the outback and the coast.

Cootamundra is a thriving centre for sport, history and the arts and boasts a strong commercial and services sector. The town is surrounded by classic undulating agricultural land and villages rich in heritage and is centrally located between Sydney and Melbourne; less than two hours drive from Canberra and is just off the major road transport route, the Hume Highway.

Cootamundra is a vibrant, happening place which always looks to the future without abandoning the past. The combination of town and country, tradition and development, makes it particularly appealing. Cootamundra remains renowned for producing quality beef, lamb, and wool and is one of the state's highest yielding wheat and canola regions.

Price	SOLD
Location	Cootamundra
Property ID	382ML
Category	Motel

Quick Links

Confidentiality Agreement

1. Personal Information

Please enter your first name. Please enter your last name.

Please enter your email address.

This is not a valid email. An email must contain the @ symbol.

Please enter your Phone number.

A vaild phone number requires at least 10 digits.

Please enter address.

Please enter suburb.

Please enter postcode.

TOURISM BROKERS CLIENT CONFIDENTIALITY AGREEMENT

IMPORTANT MESSAGE TO ALL PROSPECTIVE PURCHASERS AND LESSEES

If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

To: Tourism Brokers Pty Ltd & Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers
Centralised Administration 32 - 34 Lamorna Avenue
Beecroft NSW 2119

Ph: 1300 512 566 (International +61 2 9872 9943)
Fax: 1300 571 479 (International +61 2 9872 1464)

Email: sales@tourismbrokers.com.au

Having declared in general principle, that I/we have a genuine interest in Tourism Brokers listing/s, I/we now request that, in your capacity as broker for the Vendor, you supply us with a copy of a current “Information Memorandum” (the “Memorandum”) or similar, describing the requested listing/s in further detail. I/we undertake that the Memorandum or similar additional information, will be used for no purpose other than to assist me/us in determining whether I/we/our client wish to purchase or lease the said business/property listed. [note, if you are a professional adviser or similar acting on behalf of a client or some third party, you are required to nominate your client’s name below]. I/we agree that the Memorandum and any other information or material made available to us (written, verbal or otherwise) via Tourism Brokers or the Vendor or their Solicitors, will remain strictly confidential.

To maintain the confidentiality of the information and material made available to me/us, I/we agree as follows;

a) The information and material will only be distributed on a “need to know basis” to me/us, our senior executives or directors of our company, and /or professional advisers and financiers to my/our company, and I/we shall take responsibility that all parties involved will be bound to and will adhere to the terms of this agreement.

b) Any copies made of the information and material will only be for the purpose of internal communications and that a system will be instituted to facilitate the recovery of any such copies.

c) To undertake to return all information and material (including any additional copies) toTourism Brokers.

This undertaking shall not apply to information and material that;

a) At the time of provision or disclosure, or subsequently (through no fault of me/us) becomes in the public domain.

b) Was already known to me/us before the date thereof.

c) Is subsequently provided or disclosed to me/us by a third person who has the right to provide or disclose same.

d) Is disclosed by me/us pursuant to any law or order of any court, of any governmental agency or other regulatory body with whose instructions me/us are bound to comply with.

Although I/we understand that Tourism Brokers Pty Ltd, Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers and the Vendor and their Solicitors believe that the material to be provided is accurate to the best of their knowledge, I/we acknowledge that no representation or warranty has been made or given as to the accuracy or completeness of any information or material obtained. I/we agree that neither Tourism Brokers nor the Vendor or their Solicitors have any liability to me/us or any of our advisers or representatives, arising from the selection or use of the information or material by me/us and any associates.