Freehold Development Opportunity

North Tamworth, New South Wales 2340

SOLD

Key Features

AI generated. Contact seller to confirm.

Freehold development opportunity in North Tamworth
Backpackers accommodation closed due to COVID
Suitable conversion to apartments, B&B, boutique hotel (STCA)
Building area approximately 531 sq.m
Nine bedrooms plus managers residence and communal areas
Convenient to train, bus terminal, CBD, shops and restaurants

Turnover: Not disclosed
Net Profit: Not disclosed
Rent/Lease: Not disclosed
Stock Value: Not disclosed
Established: Not disclosed

Business Details

Business Category Backpacker Hostel

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: XXXXXXXXXX

Email: XXXXXXXXXX

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
Ref: NSW09688
Timestamp: XXXXXXXXXX 0003