Sold

1265ML - WORK FROM HOME WITHIN A PRIME LEASEHOLD BUSINESS IN TAMWORTH

SOLD

2,100 m2
  • Well located corner block on main road entry into town.
  • 21 well-appointed queens (8), twins (9) and family (4) motel suites. 41 – 63 m2.
  • Positioned for a husband, wife, and family operation.
  • Fantastic residence with open plan living, dining, three-bedrooms and main bathroom.
  • Large commercial kitchen and preparation area for breakfasts and evening meals if desired.
  • Close to pubs, clubs, restaurants, and major shopping centre.
  • "Normal" trading periods from 2016/17 through to 2018/19 the property achieved an average of $570k (high of $600k plus) turnover, with $210k plus net operating profit.
  • Primes to take advantage of the regional accommodation upsurge with borders opening.
  • Tamworth presents as an optimal motel centre, don't miss this offering.

A two-fold opportunity to begin or continue a career in the accommodation sector. One predicted for unprecedented growth domestically.

Notwithstanding, the owners have priced the property to sell due to personal circumstance, there-by creating a chance of a seamless transition for an astute purchaser, in an operationally well-constructed property, strategically located to capture road traffic.

Turnover: $406,277 for 2020-21

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

Property ID: 1265ML (quote when enquiring)

Price SOLD
Location Tamworth
Property ID 1265ML
Category

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