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Premium Freehold Motel for Sale in Thriving Regional Centre | Resort Brokers ID : FH008565
$8,000,000
Motel (Freehold) hospitality, WEST TAMWORTH NSW
ResortBrokers introduces The Roseville Apartments, a premium motel in Tamworth. With 22 top-tier furnished apartments, five of which are recently built, this property promises high returns. Enjoy a strong yielding business, long-term staff, and untapped revenue potential in a bustling regional hub. The property also offers a pool, barbecue area, and development approval for additional units.
Don't miss this chance to acquire a profitable motel with a proven track record of revenue with further potential to be realised.
- Apartments renovated with top-tier furnishings, showcasing the property's high-end appeal
- Five recently constructed apartments, expanding the property's accomodation capacity
- Net profit return surpasses average assets, evidence of a highly profitable business
- Strong return business in clientele, demonstrating customer satisfaction and loyalty
- Long-term contracted staff, ensuring smooth operations and continuity
- Located in Tamworth, a significant regional hub for tourism and commercial travel
- Revenue potential yet to be fully realised, offering room for growth and increased profitability
- Proven track record of income with additional revenue drivers recently added, promising a stable and growing income stream
- Inspections by appointment only
Date updated: 06 Feb 2025 22:00:01
More Information
- Total Purchase Price: $8,000,000
- Net Income: $ 0
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?