Renovators delight, freehold going concern motel, in Tenterfield NSW | Resort Brokers ID : FH007818
Expressions Of Interest
Motel (Freehold) hospitality, Tenterfield NSW
Exclusive to ResortBrokers, is the opportunity to purchase a 23-room freehold going concern motel, in Tenterfield, NSW!
The Tally Ho Motor Inn presents an exclusive chance to capitalise on the upcoming Angry Bull Mountain Bike Trails and the thriving tourism market in the New England region, ensuring a steady flow of occupancy and revenue for the property.
We are seeking expressions of interest to embark on a comprehensive refurbishment plan that will position the motel as the premier choice for mountain biking enthusiasts and tourists alike.
By investing in the Tally Ho Motor Inn freehold going concern, you will tap into a booming tourism market, driven by the region's stunning landscapes, historical sites, and outdoor recreational opportunities.
- Expressions of Interest - closing 5pm 31st August 2023
- Perfectly positioned within a tourism hotspot
- Renovated restaurant and bar (not utilised) available to increase revenue
- 23 rooms of varying configurations
- Strong steady repeat clientele
- Huge upside through renovation
- Solid platform to build on
- Comfortable renovated 2 bedroom residence attached to reception
- Large 1 acre parcel of land with room for growth
- Inspections by appointment only
- Read article here - Informer Magazine #107
Date updated: 21 Apr 2024 23:00:04
More Information
- Total Purchase Price: Expressions Of Interest
- Net Income: $ 0
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This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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This is the body corporate caretaker salary. It is included in the Net Income above.
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The value of on-title property included with the business. Its price is included in the Total Purchase Price.
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