Goulburn, New South Wales
46 UNITS, 2 HOURS FROM SYDNEY, WALK TO CBD MONEY MAKER - 588MF
FREEHOLD $5,500,000
Business Description
- Run under management, the property would benefit considerably from a change.
- 2 hours from Sydney.
- Opportunity to rejuvenate the business and enhance the offering, making it more appealing to the marketplace.
- Rare 46 units, the heritage motel is an outstanding opportunity offering ease of access to the centre of the thriving Southern Tablelands city of Goulburn.
- Over 2,000 square metres of vacant land included.
- Opportunity to build motel units or serviced apartments on excess land (STCA).
- Centrally located opposite the Goulburn railway station.
- Accommodation oozes character and charm, as you step back into time. A time where rooms were graced with 12 foot ceilings, a time of fireplaces and staircases leading to attic rooms.
- Originally three conjoined terrace houses, dating from the 1870’s.
- Range of accommodation units, all with ensuite bathrooms.
- Various sizes and configuration.
- A convenient walk to clubs, restaurants, eateries, the location of this motel is second to none. So close are the eateries, coffee shops and cafes, the motel is now just Bed – no meals, no breakfast – So easy to run!
- Large high-ceilinged lounge room for guests to be able to enjoy. Guests are also able to take advantage of a communal barbeque and outdoor dining area in the enclosed courtyard. All rooms are ensuite, air conditioned, fresh towels daily, microwave, fridge, toaster, kettle, coffee and tea, large television, plenty of parking. The large car parking area can accommodate trucks, trailers, coaches and horse floats.
- Turnover: $766,345 for 2023/24
Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.
Property ID: 588MF (quote when enquiring)
Property Code: 4592
Business Summary
Key Investment Insights
1. Rare 46-unit heritage motel, originally three conjoined terrace houses from the 1870s, offering strong character and period features such as 12 foot ceilings, fireplaces and attic rooms.
2. Prime central location opposite Goulburn railway station, within walking distance to the CBD, clubs, restaurants, cafes and eateries.
3. Only two hours from Sydney, supporting drive-market demand and weekend getaway trade.
4. Over 2,000 square metres of vacant land included, providing development upside and opportunity to build additional motel units or serviced apartments, STCA.
5. Currently run under management, indicating potential for improved performance under new ownership or operational change.
6. Turnover of $766,345 for 2023/24, establishing a clear revenue base to build from.
7. All accommodation units have ensuites, air conditioning and a variety of sizes and configurations, allowing flexible market positioning.
8. Bed-only model with no meals or breakfast, simplifying operations and lowering staffing complexity.
9. Strong guest amenities including a large high-ceilinged lounge, communal barbeque and enclosed courtyard, plus in-room conveniences such as microwave, fridge, toaster, kettle and large television.
10. Extensive on-site parking capable of accommodating trucks, trailers, coaches and horse floats, supporting regional and coach-travel markets.
