Corowa (pop about 6,000) is a major regional centre on the Murray River in NSW, about 60km from Albury Wodonga (110,000), and about 280Km from Melbourne (5M).
Corowa Newsagency has enjoyed continuous family proprietorship for over 125 years.
All Lottery requirements have been met, nothing to spend, the only newsagency in Corowa. Corowa benefits from major rural and manufacturing industries, and also strong tourism along the Murray River with major caravan parks in the town, and the nearby North East Victorian wineries.
Turnover in excess $1 million per year, good lottery commissions, est net $400K p.a. net ex wages.
Asking: $450,000 plus stock $100,000
Rental $520 weekly + GST+ outgoings
Freehold additional $700,000, also includes a leased residential property