HIGH-NET, 4-STAR FREEHOLD MOTEL IN THRIVING TAMWORTH!

Located in the heart of Tamworth, the four-star, 22-apartment Roseville Apartments has an established record as a high-performing earner.

This financial year, the family-owned and operated motel is projected to post a net profit of $890,000.

Roseville Apartments benefits from its central location in Tamworth, the administrative centre of northeast NSW and world-renowned home of country music in Australia, as well as the vendor’s high level of customer service that aims to offer guests a comfortable, friendly stay.

The vendor’s service ethic has been rewarded with strong return business from a loyal customer base and an average stay of 5.6 nights.

This is a true turnkey opportunity. Five of the apartments were recently constructed, with the remainder fully renovated as recently as December 2024.

Subsequent to the renovations, the motel has seen an impressive uplift of $105,000 in revenue from January to April compared to the same financial quarter last year.

Yet, there is still room to grow. One of the motel’s townhouses is currently occupied by members of the vendor’s family and could revert to guest accommodation. The property also comes with a DA for additional apartments, which would enable the incoming owner to further capitalise on Tamworth’s visitation which is increasing year on year.

Don’t miss this chance to acquire a profitable regional motel with a proven track record of success and potential yet to be realised.