Goulburn, New South Wales

46 UNITS, 2 HOURS FROM SYDNEY, WALK TO CBD MONEY MAKER - 588MF

FREEHOLD $5,200,000

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: $800,637 for 2022/23.

Goulburn is situated in the scenic Southern Tablelands of NSW, 194 km south-west of Sydney via the Hume Freeway. It is strategically located to provide a unique blend of City facilities and a country lifestyle. The City Council is home to 22,500 people and surrounding districts boost the population by 15,000 people. Its strong rural industries, led by wool, combine with equally important spheres of tertiary and secondary industry to provide firm economic foundations. Goulburn is also a major manufacturing base and an important rail centre. Other income is derived from engineering, warehousing and distribution, government agencies, retailing, meat processing and tourism. Goulburn is also home to the NSW Police Academy which occupies 48 hectares within the city.

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

Marketing Agent
Jen Todd
Jen Todd

Key Investment Insights

1. The property is located 2 hours from Sydney, making it easily accessible for both tourists and business travelers.
2. There is an opportunity to rejuvenate the business and enhance its offering, making it more appealing to the marketplace.
3. The property includes a rare 46 units, providing a significant income potential.
4. There is also over 2,000 square metres of vacant land included, allowing for potential expansion or development.
5. The property is centrally located opposite the Goulburn railway station, providing convenience for guests.
6. The accommodation has a unique character and charm, with 12-foot ceilings, fireplaces, and attic rooms.
7. The property was originally three conjoined terrace houses dating back to the 1870s.
8. There is a range of accommodation units, all with ensuite bathrooms, catering to different sizes and configurations.
9. The location of the motel is within walking distance to clubs, restaurants, and eateries, making it an attractive option for guests.
10. The property has a large lounge room, communal barbeque, and outdoor dining area for guests to enjoy.
11. The property has a turnover of $800,637 for 2022/23, providing a strong income potential.
12. Goulburn is a thriving city with a population of 22,500 and strong rural, tertiary, and secondary industries, providing a firm economic foundation.
13. The city is also home to the NSW Police Academy, providing a steady stream of potential guests.
14. The property is listed with Jen Todd from Tourism Brokers, who can provide further information and arrange inspections.
15. The property has a designated ID (588MF) and code (4592) for easy reference.
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