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  5. 1541MF - Affordable New England Freehold!

TENTERFIELD NSW, 2372

For Sale
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Property for Sale in TENTERFIELD NSW, 2372

Tourism Brokers

32-34 Lamorna Avenue , Beecroft, NSW 2119

Listing ID:
11254395
Status:
Active
For:
Sale
Last Updated:
16/06/2021
Price:
Freehold $1,200,000

Property Type

Hotel/Leisure

Land Area

2000 SQM

Floor Area

1 SQM

Parking

N/A

1541MF - Affordable New England Freehold!

- Be Your Own Boss!

- 18 well maintained and presented ground floor units.

- Plenty of upside for an IT savvy operator.

- Spacious 3 bedroom residence.

- Easily operated.

- Minimal cooking by current owner.

- Contact us now for further details.

It offers 18 exceptionally maintained ground floor units with plenty of opportunity to gain and a spacious three-bedroom residence. With the use of more internet and social media presence, the new tenant would benefit immediately.

The current owner has implemented a number of cost saving instruments which have significantly improved the profitability of the Motel. These include a 9.9kw solar power system, new motel laundry and a recirculating system for the hot water system.

It's an easily operated Motel with plenty of upside.

Net profit $146,598 for 2019/20

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

Property ID: 1541MF (quote when enquiring)

Location: Tenterfield, 715 km north-east of Sydney and 275 km south of Brisbane, is an untouched, well-renowned historical district surrounded by spectacular bush lands, Tenterfield enjoys mild alpine summers, sunny winter days and crisp winter nights, blazing red autumns with stunning tree lined roads and bright wildflower springs.

Tenterfield is the major centre of the region, and is surrounded by the villages of Drake, Jennings, Legume, Liston, Torrington and Urbenville. This is a growing town in which the population has increased by 10% over the past 12 months. The current population is 3,500.

The Tenterfield area is devoted to sheep and cattle though orchards, farm crops, a silica mine and a growing tourism sector all contribute to the local economy. Tenterfield is very popular with sporting groups - bowls, tennis, golf, football and so on. The local 18-hole golf course is among the best in rural NSW.

Property Code: 2358

For more details, please email agent

Tourism Brokers

32-34 Lamorna Avenue , Beecroft, NSW 2119


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