115-117 Deniliquin St, Tocumwal is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 2023m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Secure and develop your cash-flow!
Fantastic Entry Level NSW Freehold Motel Opportunity!
This well presented Motel has recently undergone refurbishments and improvements across the property with diverse room accommodation options, in-ground swimming pool, ample guest parking, undercover relaxing BBQ area and a comfortable renovated 3 bedroom, 2 bathroom family residence.
Situated upon a large 2,023m2 Village Zoned land allotment this ready-made 12 room plus 2 bedroom apartment Motel is the ideal accommodation industry starter allowing the owner/operator to sit back and reap the rewards.
* Demonstrating continued growth with large scope to improve
* Ground floor tastefully decorated and spacious rooms
* Renovated 3 bedroom family residence
* Pool, gazebo and BBQ facilities
* Easy to run and operate with an ideal lifestyle balance
* Situated in a busy Tocumwal location
* Recent refurbishments and improvements across the property
* Situated on approx. 2,023m2 of Village Zoned land
A budget style property has a niche market in a vibrant tourism industry hub. This is an ideal family business and is priced to meet the market.
Offering a great lifestyle in a NSW popular tourism location so if you are ready to make your mark then this is the Motel for you!
The size of Tocumwal is approximately 389.5 square kilometres. It has 12 parks covering nearly 2% of total area. The population of Tocumwal in 2011 was 2,383 people. By 2016 the population was 2,673 showing a population growth of 12.2% in the area during that time. The predominant age group in Tocumwal is 60-69 years. Households in Tocumwal are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tocumwal work in a managers occupation. In 2011, 73.2% of the homes in Tocumwal were owner-occupied compared with 73.8% in 2016.
Tocumwal has 2,143 properties. Over the last 5 years, Houses in Tocumwal have seen a 89.09% increase in median value, while Units have seen a 90.22% increase. As at 31 July 2024:
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