Buy Of The Year, Absolute Money Maker - 1634mf

New South Wales

FREEHOLD $8,300,000

Key Features

AI generated. Contact seller to confirm.

  • Freehold property with huge upside in booming area
  • 100% leased with contract and strong trade history
  • All 47 rooms permanently booked; current rates below market
  • Major accommodation provider serving agriculture, mining and solar
  • Prime highway location on 4,040 sqm land
  • Fully licensed restaurant, conference area and commercial kitchen
  • Turnover: Not disclosed
  • Net Profit: Not disclosed
  • Rent/Lease: Not disclosed
  • Stock Value: Not disclosed
  • Established: Approximately 9 years

Business Details

Business Category Motel

FREEHOLD MOTEL FOR SALE

- Buy of the year Freehold with huge upside in booming area.

- 100% leased with contract in place with strong trade history and strong future. All 47 rooms are permanently booked (current room rates, well below market).

- Major accommodation provider in the strong rural and mining area. Supported by a stable economy centred on agriculture (wool, wheat, cattle), mining, and a large-scale solar farm (a joint AGL and Federal and State Government venture approximately 10km west) with a lot of growth ahead.

- Walk to RSL Club across the road or to the local hotel approximately 50 metres up the road for meals.

- Prime highway location, significant room capacity, and strong cash-flow backed by expanding local mining and agricultural sectors are all strong benefits.

- 4,040 sqm land area

- 47 guestrooms currently + 1 storage rooms (able to convert back to a letting room) + 1 significant manager’s residence + spare restaurant (can be reopened or converted to 4 letting rooms) and commercial kitchen. Current configuration is 29 front rooms include:11 Standard Queen, 17 Twins, 1 Family Room. 18 back rooms: 17 Doubles, 1 Standard Queen.

- Main newer building constructed from brick with concrete tile roofing.

- Current owners have operated for approximately 9 years.

- Restaurant not currently in operation. Fully licensed with a separate bar, lounge and seating for 120 people. It is supported by a full commercial kitchen. There is also a separate conference area. (could be reopened or converted to 4 letting rooms subject to Council Paaroval).

- Landscaped gardens and lawns, saltwater swimming pool, barbeque facilities and covered outdoor entertaining area.

Adjusted Net Profit: Available upon request, Confidentiality conditions apply.

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1634MF (quote when enquiring)

Property Code: 5461

What's Nearby

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This business is somewhat unique and has no similar competition in this region, category or price bracket.

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Tourism Brokers Tourism Brokers
Michael Philpott

Bsale ID: 682391

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