Coolgardie Gold Rush Motels - 1p4688m

Business For Sale Coolgardie, Western Australia 6429

Business Category Motel

FHGC $2,590,000


Coolgardie Gold Rush Motels - 1p4688m

Two separate motels trading as Coolgardie Gold Rush Motels.

This is an outstanding property that has recently undergone a major refurbishment and is located on a main road in a growing town.

The main motel comprises 26 motel units, licenced restaurant and a separate 3 bedroom manager's residence.

The second motel comprises 15 units and a 3 bedroom house. This second motel is used as an overflow for busy periods or for large contracts.

A good proportion of the contract client base is in the Mining, Roads and Pipeline Industries.

The current owners have recently completed roof restoration on the motels and have replaced the three water heaters and installed a new 18kw solar system.

The motel can easily be run under management and affords an excellent opportunity for an owner operator or investor.

Offering a Return on Investment of over 25%, this is definitely worth pursuing.

2019 AHA- Hospitality Awards for Excellence Finalists

Similar Businesses For Sale

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

Contact Seller
Phil Mammolito

Bsale ID: 559965
Broker REF: 1P4688M

CRE Brokers
Make Enquiry

Thank you, your enquiry has been sent now.