Freehold $900,000

1300MF - Rare Freehold for the Cost of a Lease - A Solid Inspection

* 15-unit freehold motel comprising 6 Doubles, 9 Twins and 1 Family suite.
* Fantastic opportunity, easily managed.
* High tourism area that continues to grow and benefit from the world class museums - Aviation Museum or Rural Museum - in addition to the state-of-the-art Town Hall Theatre.
* Well below replacement value and close to the centre of town (easy walk).
* Solid reputation and income with significant opportunity and upside available.
* Located in a very prosperous and vibrant town in the Riverina area
* 4,372 sqm of land approximately and using only a small portion
* The motel building has a total lettable area of about 432 square metres in a single building with significant renovations recently completed.
* 2 bedroom residence, room for expansion.
* Inground pool, laundry and surplus land.
* Car parking is provided for 17 vehicles plus.

If you're looking for a very well-priced and affordable freehold with some upside as well as a solid business, look no further, this property offers the business, the growth and more that you will be proud to own.

Net profit $143,556 for 2016/17

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

Property ID: 1300MF (quote when enquiring)

Location: In the heart of the NSW agricultural belt, Temora Shire is a sanctuary rich with heritage and resources. Find a place to call home with the education, employment, health care, shopping and lifestyle you yearn for, all in Temora Shire, located in the heart of the New South Wales Riverina.

Young families, professionals, primary producers, aviation enthusiasts and retirees all call Temora home with real estate to match their lifestyle and budget. First class, academically acclaimed educational facilities from pre-school to infants, primary, secondary and TAFE are all available.

The range of Temora businesses and the services they offer cater for not only the local community but reach out to the wider region. A wide variety of employment opportunities are available including a range of trades, professional appointments, retail, hospitality, agricultural and other services. Temora is a prosperous town with ample opportunities for entrepreneurs, large and small, to start a successful business whilst enjoying the benefits of a supportive community and a country lifestyle.

Property Type business

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Agent Details

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Peter McHugh

0421 904 675
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Michael Philpott

0433 137 927
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