OUTSTANDING MONEY MAKER, WALK TO CBD WITH SIGNIFICANT UPSIDE - 1352MF

- Huge upside currently trading at only 65.9% with 29 units.

- Beautiful offering with high profit.

- Stunning location only 20 minutes from the Hume Hwy.

- Major refurbishment in rooms and bathrooms has been completed in the past.

- Excellent presentation, trading well.

- High visitation centre.

- Licensed restaurant available and underutilised, currently used for training. and function facilities, landscaped gardens, outdoor BBQ area, and an onsite 2 bedroom residence.

- With proven demand from corporate travellers, group bookings, and Snowy Mountains visitors, the motel generates reliable income and offers excellent growth potential.

Offers a significant upside to any potential operator and could easily be run under management. Ideal opportunity for a self-managed super fund investment / operation with separate entity option.

Ability to convert another area to a room making 30, the room is currently an underutilised The indicative cost of that conversion is $30,000 and that investment based upon current figures should return a Net in excess of $24,000 in the first year and add in excess of $200,000 in additional value.

The property currently comprises 29 fully refurbished ground-floor units, including Executive King and Queen Suites, Twin Rooms, and a spacious Two-Bedroom Family Suite. Guests enjoy modern bathrooms, luxury triple sheeting, free WiFi, flat-screen TVs, and parking at the door. Executive upgrades such as pure wool carpets and contemporary finishes position the property well above the standard regional motel offering

The Tumut area is around four hours' drive from Sydney and around two hours from Canberra. You can also fly into Wagga Wagga Airport. The Tumut River flows along the edge of the town; the plains spread out on either side of the river; and the foothills of the Snowy Mountains rise on all sides.

The town is remarkably prosperous largely due to the success of the timber industry. This prosperity has seen the town become one of the most attractive medium-sized settlements in rural New South Wales.

Adjusted Net Profit: $705,188 for 2024/25 (as provided by vendor accountant)

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1352MF (quote when enquiring)

Property Code: 5293

For more details, please email broker or call agents.