NARROMINE NSW 2821
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- 17 Nov 2016
1824MF - Affordable Freehold Motel with Plenty to Offer!
- Opportunity plus!
- 16 well-presented ground floor units.
- Underutilised Restaurant.
- Huge opportunity to gain for those with hospitality interests.
- Spacious 3 bedroom residence.
- Large 4,000 sqm block.
- Ideal Central West location.
- Strong Rural Commercial base in area.
- Don't miss it!
Located on the Mitchell Highway in a strong agricultural area of the central west of NSW, handy to the regional city of Dubbo, the motel offers all ground floor units and is situated on a big 4,000 sqm block.
It has an underutilized restaurant with a separate bar, lounge area and a spacious three bedroom residence.
It presents a great opportunity with the ability to split the Freehold and sell off the Lease.
Net profit $180,000 expected for 2014/15
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1824MF
Location: Narromine NSW
Narromine is where you come to meet the magnificent plains of the Central West. Straight roads, an abundance of native wildlife and beautiful sunsets are all part of the appeal. The Narromine Shire is situated near the centre of New South Wales and forms the heart of the rich Macquarie Valley.
The Shire has a population of approximately 6,800 and consists of three urban centres. Narromine is the main township, with Trangie 34km to the West, and the village of Tomingley 38km to the South.
Narromine offers a wide range of services that with the regional city of Dubbo expanding so rapidly Narromine is the perfect alternative for affordable country living with the option of commuting to Dubbo for employment commitments. Narromine has the perfect blend of access to a major regional centre and a rural atmosphere.
Dubbo Airport is located 5 km west of Dubbo's town centre on the Mitchell Highway. It is serviced by Qantaslink, Rex and Jetgo, providing direct flights to Sydney, Melbourne and Brisbane.
The Shire is renowned for the quality and quantity of its agricultural production, so it is no surprise that wheat, cotton, citrus, cattle, fat lambs, corn, barley, oats, sorghum, and lucerne are in high production.
Property Code: 1931
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