02 9420 0083

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152-182 Gunnedah Road, Tamworth

Property Overview

Magnolia Motor Inn

Sold - Thu, 25th Feb 2016

Size: 4.47 hectares

Inspection Times

  • Or By Appointment

Agent Contact Details

Office details

Riverview Realty
59 Tambourine Bay Road,
Riverview, NSW 2066

Phone: 02 9420 0083
Fax: 02 4744 2471
Web: riverviewrealty.agentboxcrm.com.au
Email Office

Property Details

Property ID: 1P0090
Property Type: Hotel/Leisure
Land Size: 4.47 hectares approx.
Building Size: 460m²
Carport: 2
Car Space: 18
Zoning: RU4
Aspect: North

The Magnolia Motel
This pristine and well run Motel is now operated by a second generation family member who has been in control of the business for the last three and a half years.
The Magnolia offers a wonderful opportunity to acquire this long established business in the growth regional city of Tamworth, New South Wales.
The Magnolia Motor Inn lies on the Gunnedah Road/Oxley Highway and is only a short drive to Peel Street in Tamworth's CBD. The Motel has great potential, including:-
Perfect business for a couple to run;
A serene and quiet location for weary travellers;
High transient turnover;
High occupancy rate;
Healthy profits;
Pet friendly;
Close proximity to Tamworth Regional Airport;
A storage shed accommodates two carports and a large covered area for tractor/machinery;
All units are spacious and air conditioned – refer to accommodation list
The Magnolia is situated on 4.47 hectres with a dam. With the current land size, there is potential for further extensions to the existing motel or the development of cabins - both subject to Council approval (STCA).
The Motel's residence has an upstairs with three spacious bedrooms, two balconies, a large combined living, dining and kitchen. Downstairs - reception a large kitchen and administration area plus a large living room which could be converted into an eat-in breakfast/café area – subject to Council approval (STCA).

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