Freehold Development Opportunity

Price

$650,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

New England, Tamworth

Category

Accommodation/Tourism, Backpacker/Hostel

Listing #

NSW09688

Tamworth Backpacker/Hostel Business for Sale
Tamworth Backpacker/Hostel Business for Sale

About this business for sale in New England, Tamworth

A definite opportunity with a twist for the astute investor,developer or builder.

  • Backpackers accommodation closed due to COVID.
  • Ideal conversion into residential apartments, bed and breakfast, boutique hotel etc. (S.T.C.A.)
  • Total building area 531 sq.m (approx).
  • Located in the popular country music capital of Australia.
  • Conveniently located to train, bus terminal and CBD including shops ,restaurants and other fascilities.
  • Current accommodation features 9 bedrooms, lounge, 3 bathrooms, kitchen, dining, laundry, cellar, managers residence plus outdoor area with rear access to off street parking.

Superb opportunity to secure a freehold premises in the largest and most populated city in the north western region of NSW.

 

Listing ID: NSW09688

Broker: John Hughes

Phone: +61 418 963 112

Email: [email protected]

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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