ResortBrokers proudly presents the Narrabri Serviced Apartments, an exceptional prospect situated in the heart of Narrabri. This Freehold Going Concern comprises nine units managed remotely by a single owner, promising a hassle-free blend of convenience and profitability.
Each of the nine self-contained two-bedroom apartments is meticulously designed to offer guests a cosy and comfortable stay, featuring fully equipped kitchens, spacious living areas, and access to communal amenities like barbecue areas and laundry facilities, all complemented by brand new heat pump water heaters.
This property benefits from a steady influx of corporate patrons from diverse sectors such as government, mining, medical, railways, and roadworks, thanks to the property's proximity to the CBD and the scarcity of competition in the local serviced apartment market.
Given the ongoing national rental challenges, there's a sustained demand for short to long-term accommodations, particularly within the corporate sphere, signalling a promising future for the Narrabri Serviced Apartments and the potential for consistent returns.
Furthermore, the property offers investors the flexibility to explore future repurposing or repositioning options, enhancing its appeal.
Narrabri Serviced Apartments emerge as an enticing opportunity, marrying a resilient operational framework with a favourable market stance.
- 9 x two-bedroom apartments, each self-contained and fully equipped.
- Freehold Going Concern, offering a passive investment opportunity with remote management.
- Strategically located in a serene neighbourhood, within walking distance to essential services.
- Accommodates both short-term and long-term bookings, catering to a wide range of guest needs.
- Potential for future growth with options to repurpose or reposition the property.
- Operates in a niche market with limited competition in the serviced apartment sector.
- Benefiting from the ongoing national rental crisis, ensuring sustained demand.
- Regular corporate clientele from diverse sectors including government, mining, medical, railways and roadworks.
- Inspection by appointment only.
