Dubbo, New South Wales

DUBBO! DUBBO! DUBBO! EVERYONE WANTS DUBBO! - 480MF

FREEHOLD $6,500,000

Business Description

HIGH QUALITY FREEHOLD IN CENTRAL DUBBO, VERY RARE LISTING

The Palms Dubbo comes to the market extensively refurbished and ready to sell! located on Cobra St right in the Dubbo central motel strip and only a stroll to all Dubbos amenities. Brilliant location in one of the NSW premiere motel cities. Hard to find and will sell so enquire quickly or miss out!

Property Highlights:

- Brilliant Location in super busy regional centre.

- 24 Units on large corner block, city centre.

- Extensively Refurbished and Upgraded.

- Easy to Run operation, minimal food component.

- Supports Management Structure.

- Trading with High Occupancy and Even Higher Tariffs.

- Resulting in Very Strong Consistent Profits.

- 23 Bathrooms Fully Renovated at major expense.

- Major external Improvement.

- Two Bedroom Managers Unit.

- Very Busy Motel.

- Solid Investment, You Can’t Go Wrong!

Dubbo is thriving city in the NSW central West with a population of approx. 45,000 residents. It is the central business hub of the region with three major highways intersecting there. The area has many strengths to support the accommodation industry including, primary production, infrastructure, logistic, health, education, tourism the list goes on. Hence huge demand for motel room nights, not to mention the Western Palins Zoo!

Net Profit: $628,744 for 2022/23

Contact Graham Matthews from Tourism Brokers for further information or to arrange an inspection.

Property ID: 480MF (quote when enquiring)

Property Code: 4746

Business Summary

Marketing Agent
Graham Matthews
Graham Matthews

Key Investment Insights

1. Prime location in a highly sought-after regional center with strong demand for accommodation.
2. Extensively refurbished and upgraded property with minimal food component.
3. Strong occupancy rates and high tariffs resulting in consistent profits.
4. 23 fully renovated bathrooms and major external improvements.
5. Two-bedroom manager's unit included.
6. Located in a thriving city with a population of approximately 45,000 residents.
7. Central business hub with three major highways intersecting.
8. Strong demand for motel room nights due to various industries in the area.
9. Net profit of $628,744 for 2022/23.
10. Contact Graham Matthews from Tourism Brokers for further information or to arrange an inspection.
11. Property ID: 480MF.
12. Property Code: 4746.
Listing location

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