286 Wick Street, Deniliquin, New South Wales

Deniliquin Motel

FHGC - $3,100,000 plus SAV

Business Description

CRE Brokers are proud to present the newly renovated Deniliquin Motel for sale as a freehold going concern. The current vendors have fully renovated all 16 guest rooms to a very high standard including airconditioning, 50 inch smart TV's, kitchenettes, new bedding and updated bathrooms and the Deni motel is now the first choice for many tourists, workers & visitors to the vibrant riverside tourist town. Located directly opposite the Deniliquin Bowling Club, metres from the RSL/Services Club and a short stroll to the many attractions of historic Deniliquin, the motel provides a high quality experience for its guest in four varieties of room configurations including king, queen, family & twin rooms. The motel is sited on a large corner allotment of 1,700m2 (approx.) with R1 – General Residential zoning and the business enjoys strong repeat clientele since the opening of the renovated rooms resulting in the trading figures showing a sharp upward trajectory, with plenty of upside still to remain. In addition to the stunning guest rooms the motel provides a comfortable two bedroom managers residence with updated reception/office attached, rebuilt laundry and storeroom, guest smoking and bbq area and ample room for parking that can easily cater for larger vehicles. This is an easily run motel that with all the hard work now done, you can operate with ease and reap the rewards!

INVESTMENT HIGHLIGHTS:

• Fully renovated 16 room freehold going concern in busy Murray River region
• All rooms provide a superior guest experience in four configurations
• Large corner allotment of 1,700m2 (approx.)
• Located in the thriving tourist town of Deniliquin
• Surrounded by local attractions & sporting facilities with close proximity to CBD
• An easy to operate motel with all the hard work done!

Business Summary