Value for Money – Angel’s Rest Motel, Moree

329 Warialda Street, Moree, New South Wales 2400

Hotels For Sale

Auction. Date 15 Aug 2019
Floor Area: 1,460.00 m2.    

Angel's Rest Motel

Description

Colliers International is excited to take to the market for sale by Public Auction the Angel’s Rest Motel, a high performing motel strategically located in Moree’s most popular tourist destination.

The motel is directly opposite the iconic Moree Artesian Aquatic Centre, within walking distance to Moree Railway Station, and 5 minute drive to Moree regional airport.
The Artesian Aquatic Centre attracts approximately 300,000 people every year from around Australia who come for the benefits of natural artesian mineral waters for healthy thermal spas treatments.

Investment highlights:

- 18 self-contained queen size rooms
- A two level 3-bedroom private residence for the manager / owner to live onsite.
- Total land area: 1,460 sqm
- Well-established business known as Rest’s Angel Motel opened since 1986 with a longstanding and loyal customer base for 33 years

An exciting opportunity exists for the astute investor to refine the business and management process contributing to strong underlying profitability.

For sale via Public Auction
Date: Thursday 15th August 2019 at 10:30am (AEST)
Venue: Colliers International, Level 30, 225 George Street, Sydney

Features

  • 18 self contained queen rooms
  • 2 level 3 bedroom private residence
  • Total land area: 1,460sqm
  • Well established business

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