199MF - WESTERN FREEHOLD MOTEL - MONEY MAKING SEASON ALL YEAR ROUND!

SOLD

29 - 3.5 star motel suites, plus a separate four-bedroom accommodation cottage.
Massive Net Profit opportunity $440k plus over the past three years on average. This complete with evident upside.
Close to 20% Return on Investment over the past three years.
Genuine opportunity to future lease for a high yielding passive investment.
Vast key improvements schedule both internal and external has been undertaken by the current owners - inclusive of bathrooms, paint, carpet, hot water system, televisions, plumbing upgrade, beds, lighting, and the list goes on.
Rare large manager's residence featuring four bedrooms and three bathrooms. Main bedroom has a renovated ensuite. Large kitchen has new oven and cook top. Double lock up garage and enclosed yard at the rear.
Complete with external barbeque areas with garden setting and swimming pool.
Ample space and trade to add future motel rooms (STCA).
A very recent property valuation significantly more than the asking price.
Occupancy from 1st July 2020 to date is 73%.

Tourism Brokers are excited to take to market this land, building and business asset. Simply stated this opportunity presents the highest yielding freehold going concern property on the market.

You have the perfect opportunity to escape the hustle and bustle of the city and experience a regional community and genuine money-making vehicle.

No need for extensive qualification on this one folks. In return of the basic art of hospitality you will comfortably exceed a corporate wage without the corporate red tape, whilst you steer the ship!

Rest assured it will be worth the trip!

Net profit $483,026 for 2018/19

Contact James Carrick from Tourism Brokers for further information or to arrange an inspection.

Property ID: 199MF (quote when enquiring)

Price	SOLD
Location	Bourke
Property ID	199MF
Category	Motel

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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)
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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.

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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.