Remote NT roadhouse sells for $14 million

remote nt roadhouse sells for 14 million

Sumary of Remote NT roadhouse sells for $14 million:

  • A remote highway roadhouse 700 kilometres north-east of Alice Springs and 450 kilometres west of Mount Isa has sold for $14 million.
  • “From what I understand, they’re very astute business owners and they’ve got some very strategic investments including investment here in the Northern Territory already.
  • Hopes ‘snowflake’ will ‘snowball’Mr Rochford said the roadhouse was crucial to the self-drive markets in the Northern Territory and Queensland.
  • Danial Rochford says the investment is good news for the struggling tourism sector.
  • “He said that any investment in tourism would help an industry that had “faced its darkest days”.
  • “We want that snowflake of investment to turn into a snowball right across the region,” Mr Rochford said.

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