987MF - A Quality Freehold Motel and Business with Development Potential
• Huge Development potential
• 23 ground floor motel units
• Landscaped gardens and pool area
• Double glassed windows
• Licensed restaurant / bar
• Ideal for the bus trade
• Ample parking
• 10 acres (fenced)
• 12 meg water licence
• Busy highway location with a country feel
The Newell Motor Inn is located at Gillenbah, on the Southern edge of Narrandera, NSW. The Newell Motor Inn has a location presence on the Newell and Sturt Highways, where both National Highways merge together. A steady stream of daily travellers utilise this friendly stop as a convenient place to rest after a long day's travel. This motel is conveniently situated between Sydney, Canberra, Brisbane, Melbourne and Adelaide.
The business is a steady performer. The turnover clearly shows that there is scope and a great opportunity for an enthusiastic operator to improve the momentum, taking it further with a structured development.
Net profit: $189,773 for 2017/18
Contact Barry Bolwell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 987MF (quote when enquiring)
Location: Narrandera is a very prosperous town with a population of about 4,500. It is situated 90 kilometers west from the major regional city of Wagga Wagga. Narrandera is a wonderful place to live, boasting all the advantages of country lifestyle with easy access to quality services and facilities. Affordable real estate, quality education, health care, numerous sporting and cultural facilities combine to make Narrandera the ideal lifestyle choice.
Industry in Narrandera and the surrounding region includes to cereal crops, sheep and wool production to the east, and, to the west, growing of rice and other cereals under irrigation to the production of citrus, wine grapes and potatoes.
Property Code: 2775