1678 New England HighwayKootingal NSW 2352
Property Details for 1678 New England Hwy, Kootingal
1678 New England Hwy, Kootingal is a 0 bedroom, 0 bathroom House. The property has a land size of 3132m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
Last Listing description (May 2022)
Presenting a fantastic opportunity to acquire an outstanding freehold Motel, The Kootingal Landview Motel is perfectly positioned on the New England Highway only 15 minutes from the bustling regional centre of Tamworth. The Landview comprises of 12 motel rooms 4 of which have been recently refurbished to a very high standard, with the remaining 8 partially renovated rooms all beautifully presented and offering functional semi self-contained accommodation.
The 2 bedroom, 2 bathroom managers residences offers a comfortable home perfect for anyone looking to operate the business themselves or run under management for a healthy return.
Kootingal is located approx. 5 hours north-west of Sydney and 7 hours south of Brisbane and is a regular stopping point for highway travelers. The town features a popular country pub, bowling club and caf as well as supermarket, swimming pool and primary school.
With its close proximity to Tamworth, The Landview Motel is a popular choice for visitors during The Country Music Festival in January and Ag-Quip field days in August not to mention numerous other smaller events such as several dog and equine shows. Other regular clientele is made up of contractors from both the rail and road work industries plus visitors of family in nearby Moonbi House.
The Landview Motel is an excellent introduction into the motel industry for someone looking for an exciting new challenge with further potential for future growth. Can be easily operated by one person.
In conjunction with Robert Flemming Kootingal Real Estate 0402 323 522
Outstanding highway frontage ideal for the passing trade
Fully renovated 2 bedroom, 2 bathroom managers residence, complete with new kitchen
Outdoor BBQ & entertaining area
• Several pet-friendly rooms which are very hard to come by in the Tamworth area
Daily train access to Sydney & Newcastle from Kootingal station
• Can be easily operated by one person
Rates $2,528 p/a approx, Land Size 3,117m2
Property History for 1678 New England Hwy, Kootingal, NSW 2352
- 25 Jan 2022Sold for $336,000
- 22 Jul 2021Listed for Sale SOLD - Price Withheld
- 04 Dec 2017Sold for $280,000
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About Kootingal 2352
The size of Kootingal is approximately 82.6 square kilometres. It has 1 park. The population of Kootingal in 2011 was 2,161 people. By 2016 the population was 2,114 showing a population decline of 2.2% in the area during that time. The predominant age group in Kootingal is 0-9 years. Households in Kootingal are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kootingal work in a trades occupation. In 2011, 74.7% of the homes in Kootingal were owner-occupied compared with 73.9% in 2016.
Kootingal has 1,276 properties. Over the last 5 years, Houses in Kootingal have seen a 78.27% increase in median value, while Units have seen a 82.43% increase. As at 31 October 2024:
- The median value for Houses in Kootingal is $489,512 while the median value for Units is $463,233.
- Houses have a median rent of $423 while Units have a median rent of $315.
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