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Accommodation & Tourism business for sale in Guyra

  • Accommodation & Tourism
  • 89 Malpas Street Guyra NSW 2365
  • $5,500,000 (GST na)

Secure Tenanted Investment, Over 10% Return, Multiple Assets with large landholdings, New England Region

Two properties collectively provide 45 rooms (with ensuites) with the third property being a complex of seven one bedroom villas. Double brick construction. Fully air-conditioned. Extensive furnishing and equipment.

Collectively, these three properties provide accommodation to over 100 workers and operate under a single Services Agreement with a top ASX company. Currently returning over 10% per annum under local management, and with the current owner (based in Sydney) required to spend less than 5 hours per week on overseeing the business.

The three properties are located on two large blocks of land (8,583m2 and 7,563m2) and there is significant opportunity for further value to be obtained by completing an already approved subdivision and developing unused land strategically located on the New England Highway.

Shortage of accommodation in this town. Rare opportunity.

MQ ID 1P2862

Business Highlights

Business ID2019620851
Floor AreaAsk Business Broker
Category
Last updated  7 Nov 2024
Map for 89 Malpas Street Guyra NSW 2365
Map for 89 Malpas Street Guyra NSW 236589 Malpas Street Guyra NSW 2365
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Business Highlights

Business ID2019620851
Floor AreaAsk Business Broker
Category
Last updated  7 Nov 2024

Co-Brokers

Malcolm Mathie
Manenti Quinlan & Associates
Call
0417 254 395
Ray Larkin
Manenti Quinlan & Associates
Call
0407 220 116

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