Narrabri NSW Club Motor Inn for sale for the first time since construction by way of Expression of Interest through Ray Larkin of Manenti Quinlan & Associates.
Alan Hayes of Hayes Advisory as Deed Administrator of the Narrabri Bowling Club Ltd (Subject to Deed of Company Arrangement) has exclusively engaged specialist hospitality brokers Manenti Quinlan & Associates as agents for the sale of the Club Motor Inn by way of Expression of Interest.
Exceptionally located fronting the Newell Highway, the Club Motor Inn is within easy access of all Narrabri’s amenities.
Narrabri lies in the heart of the Namoi Valley around six (6) hours’ drive from Sydney being 568km north-west of Sydney. The area is a highly regarded agricultural and administrative centre which is now being transformed into one of New South Wales’ largest gas mining regions. There are also plans in place to construct a large fertiliser plant making urea from the by-product of the gas mining.
Officially opened in 2008, the age and excellent condition of the Club Motor Inn including all its facilities make this property very attractive in this tightly held market.
With a current DA in progress for subdivision from the Narrabri Bowling Club Ltd, the Club Motor Inn occupies a proposed 4,413 high profile corner site with Newell Highway frontage and encompasses all the imperative attributes including 30 motel sites, all with ensuites and air-conditioning, 3-bedroom spacious managers residence, inground pool, outdoor seating areas, full commercial kitchen, laundry with commercial facilities and as well as 62 solar panels.
The opportunity is further enhanced by the Federal and State government’s approvals of the gas field and inland rail link respectively which will boost the already vibrant economic activity and greatly enhance the accommodation demand within the Narrabri area.
Ray Larkin, Director of Manenti Quinlan & Associates notes the future growth potential of the business and states that “while the business has been operated under management since construction, and has been a very profitable asset for the Narrabri Bowling Club, there is considerable opportunity to improve the current offering by an astute hands-on operator”
Expressions of Interest Close 4pm (AEST) Thursday 22 April 2021.
For more infromation contact agent Ray Larkin via the contact form below.
To view the listing with more information click here.
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