289 Armidale , South Grafton, New South Wales 2460
Interest from $1,495,000
Key Features
AI generated. Contact seller to confirm.
- Established accommodation business supported by government accommodation contracts
- Prominent freehold property on a busy Northern New South Wales inland route
- Public bar, commercial kitchen and indoor dining areas in place
- Outdoor entertaining areas and expansive grounds
- Lean accommodation-focused operating model
- Potential to reintroduce hospitality, dining or entertainment operations
- Turnover: Not disclosed
- Net Profit: Not disclosed
Business Details
Business Category Hotel Motel Restaurant
There are very few hospitality assets that offer genuine flexibility from the day ownership changes hands.
The Five Mile Hotel is one of them.
Strategically positioned on one of Northern New South Wales' busiest inland routes, this prominent freehold property has quietly evolved into a highly successful accommodation business, supported by government accommodation contracts and a deliberately lean operating model.
Rather than pursuing food and beverage operations, the current owner made a conscious commercial decision to focus almost exclusively on accommodation. The strategy delivered exceptional financial performance while leaving much of the hotel's hospitality infrastructure largely untouched.
For the next owner, that creates an uncommon opportunity. The accommodation business is already established. The public bar, commercial kitchen, indoor dining, outdoor entertaining areas and expansive grounds provide the platform to reintroduce traditional country hospitality-or create something entirely new.
Whether your vision is a thriving family hotel, destination dining venue, entertainment hub or regional investment, the foundations are already in place.
What's Nearby
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This business is somewhat unique and has no similar competition in this region, category or price bracket.