NARRANDERA NSW 2700
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- 6 Dec 2016
987MF - A Rare Quality Freehold and Business Opportunity
- A rare opportunity awaits.
- An improving performer.
- 23 ground floor motel units.
- Double glassed windows.
- Licensed restaurant.
- Improving bus trade.
- Ample parking.
- Property is on 10 acre title.
- Busy highway location with a country feel.
The Newell Motor Inn is located on the South edge of Narrandera, NSW. The Newell Motor Inn has a location presence on the Newell Highway, where the Sturt and Newell Highway merge together at Gillenbah. A steady stream of travellers utilise this friendly stop as a convenient place to rest after a day's travel. This motel is conveniently situated between Sydney, Canberra, Brisbane, Melbourne and Adelaide. This business is showing steady growth. The improving turnover clearly shows that if you to do it the right way you will be rewarded for your labour.
Inspection by appointment only.
Net profit $188,419 for 2015/16
Contact Barry Bolwell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 987MF (quote when enquiring)
Location: Narrandera is situated on the Newell Highway and the Murrumbidgee River is a very prosperous town with a population of about 4,500. It is situated 90 kilometers from the major 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 and health care and numerous sporting and cultural facilities combine to make Narrandera the ideal lifestyle choice.
Narrandera is an elegant town with its environment and history offering a unique country town experience. Known for its tree lined streets, parks and gardens, Narrandera is often referred to by travellers as an oasis. The town is blessed with abundant water and hugs the banks of Lake Talbot and the Murrumbidgee River. Centrally located in the heart of the NSW Riverina, Narrandera is situated at the junction of two National Highways, the Sturt and the Newell, and the gateway to the productive Murrumbidgee Irrigation Area.
Property Code: 1834
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information