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Boggabilla

REDUCED FREEHOLD $595,000

30% ROI ON FREEHOLD MOTEL & VACANT LAND - ID 183MF

This is a never to be repeated opportunity! A freehold motel at leasehold returns. Be your own boss and live the country lifestyle.

The motel consists of:

  • 12 rooms of various configurations.
  • Good sized three bedroom residence.
  • Onsite pool and barbeque area.
  • Good storage and parking.
  • Renovations include 20kw solar system and new roof in 2020.
  • Extensive security system.
  • Good soft bore meant this property was not affected by the droughts.
  • Main highway exposure.
  • Clientele consisting mainly of travellers, workers in the area and truck drivers.
  • Evolving village with new investors coming to the area.

Ideal for a country couple OR someone wanting a change of pace. This business will offer you an easy lifestyle and consistent income. This budget motel is located on but set back from the Newell Highway. It is on two titles and there is development potential fronting the main highway for further rooms, cabins or another business STCA. This location is not for your typical city lover OR beach-goer due to being in a rural setting.

Boggabilla is a small rural village on the NSW side of the border to QLD. It is just 10 minutes to Goondiwindi (on the QLD side) which is a thriving country town with modern day facilities and services.

The hard work has been done by the current owners getting it ready for someone new to take over. With an acre of vacant land this could also suit someone wanting to have a few animals with room to roam.

 

Net profit $181,474 for 2021/22

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

Property ID: 183MF (quote when enquiring)

Location: Boggabilla lies just below the Queensland border, 10kms south of Goondiwindi and 115km north of Moree on the Newell Highway. With a population of approximately 650 people, 58% of residents identify as Indigenous being part of the Kamilaroi tribe of the Plains. The rich, fertile soil is ideally suited to agriculture with cotton, broadacre crops, sheep and beef cattle being the primary industries. Many locals find employment through agriculture in the area whilst other residents commute to Goondiwindi for work.

Property Type Business

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Tony Johnson

0433 335 679
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