Apex Motor Inn, Tamworth

Freehold:  $2,100,000

Address:

 350 Goonoo Goonoo Rd, Tamworth 2340

Rooms:

 31

Restaurant:

 Yes

Residence:

 2Br

Revenue:

 $300,000 plus

This 31 room 3 star motel is well located at the southern entrance to this major New England city.  The motel has a fully licensed Chinese restaurant, swimming pool and a two bedroom manager's residence.  Revenue is in excess of $300,000 and growing.

The motel is one kilometre from the Golden Guitar (the regional entertainment centre) and 1½ kilometres from the new equine centre.

The land is over 4,000 sm with a 100 m highway frontage.

The residence is on top of the office and in front of the swimming pool.  The restaurant is open two hours per day.

At $68,000 per room this is excellent value for money.

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