4 Quealeys Road, Gilgandra, New South Wales
Castlereagh Motor Inn – Established Freehold Motel with DA for another 10 rooms
FHGC - $4.22M
Business Description
Positioned just off the Newell Highway in the regional centre of Gilgandra, the Castlereagh Motor Inn presents a strong freehold going concern motel opportunity with a substantial landholding.
Set on approximately five acres, the motel features 18 ground-floor guest units with a DA in place for another 10 units situated in a quiet park-like setting only minutes from the town centre while benefiting from steady highway traveller demand. The motel is showing a projected net profit of $506,488 this current financial year and is being sold for $4.22m.
The motel offers a mix of queen, twin, family and two-bedroom units, all equipped with air-conditioning, Wi-Fi, flat-screen TVs and kitchenette facilities.
Guest amenities include a swimming pool, playground, BBQ area and ample parking for trucks, trailers and larger vehicles, appealing to travellers, workers and regional visitors.
This established accommodation business presents an excellent owner-operator lifestyle opportunity in Central West NSW, approximately 60 km from Dubbo.
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Business Summary
Key Investment Insights
1. Freehold going concern motel on sale, provides land and business in one transaction.
2. Substantial landholding of approximately five acres, offering space for expansion, privacy and park-like grounds.
3. Current accommodation stock of 18 ground-floor guest units, all with air-conditioning, Wi-Fi, flat-screen TVs and kitchenette facilities.
4. Development approval in place for an additional 10 units, enabling significant room-count growth without rezoning.
5. Projected net profit of $506,488 for the current financial year, indicating strong current trading performance.
6. Sale price $4.22 million, implying a projected net yield of about 12.0% based on current profit.
7. Strategic location just off the Newell Highway in Gilgandra, minutes from the town centre, capturing highway traveller demand and local guests.
8. Broad market appeal to travellers, workers and regional visitors, supported by amenities and highway access.
9. On-site guest amenities include a swimming pool, playground and BBQ area, enhancing guest experience and family appeal.
10. Ample parking for trucks, trailers and larger vehicles, making the property attractive to tradespeople and road transport clientele.
11. Mix of unit types including queen, twin, family and two-bedroom units, supporting diverse guest segments and longer stays.
12. Positioned approximately 60 km from Dubbo, offering proximity to a regional centre for spillover demand and access to services.
