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Taree NSW 2430

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, LEASEHOLD $555,000

1605ML - UPGRADED RIVERFRONT LEASEHOLD IN STRONG MID NORTH COAST REGION

    - Manageable medium sized corporate style leasehold property.

    - Purchase at $480k with a 15yr lease and buy more years later.

    - New lease of 25-year option also available.

    - Trading with a 42% return on investment over the past years secured by huge number of return clients.

    - Second highest rating on TripAdvisor.

    - Significant repairs, maintenance, and operational system investment over the past 18 months.

    - Recently operated into favourable commercial position in readiness for new owner to benefit from the area and accommodation sector upside.

    - Conveniently located near waterways, national parks, and the Entertainment Centre.

    - Attractions include landscaped gardens overlooking deep river, barbeque facilities and a saltwater pool.

    - Onsite fully licensed restaurant not currently utilised providing further upside for the incoming owner.

    - Suitable for family holidays, stopovers, and the business traveller.

    - Three-bedroom residence ideal for a small family.

    Certainly, prime time for domestic travel operators with moteliers experiencing unrivalled commercial times. Predictions expect this to continue in a positive trajectory for potentially years to come. Thus, providing a fantastic opportunity to purchase your own lifestyle motel business.

    Net Profit: $192,079 expected for 2020/21

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

    Property ID: 1605ML (quote when enquiring)

    Location: One of the major towns on the rivers of the NSW Mid North Coast, Taree is idyllically situated on the Manning River 317 km north-east of Sydney with the Pacific Highway running right through the town. It is a big, modern, attractive town servicing the surrounding rural industries and driven by the tourists and travellers who pass through the town. It is located 16km inland from the mouth of the Manning River and consequently has tended to develop more as a service centre and stopover point than as an actual tourist destination.

    Property Code: 3804

    James Carrick
    Tourism Brokers
    James Carrick
    Tourism Brokers

    Property Highlights

    Property ID2017038442
    Floor Area1 m²
    Land Area2,245 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
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    Category
    Last updated  27 Jul 2021
    Map for Taree NSW 2430
    Map for Taree NSW 2430Taree NSW 2430
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    James Carrick
    Tourism Brokers
    James Carrick
    Tourism Brokers

    Property Highlights

    Property ID2017038442
    Floor Area1 m²
    Land Area2,245 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Virtual TourView Tour
    Category
    Last updated  27 Jul 2021
    Tourism Brokers
    170 Scarborough St Southport QLD 4215
    James Carrick
    Tourism Brokers
    James Carrick
    Tourism Brokers

    Ask James Carrick about this property

    James Carrick

    James Carrick

    Tourism Brokers

    0498 *** ***
    0498 965 005

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