Gulgong, New South Wales
634MF - Unique Freehold Motel Opportunity in Mudgee Area!
SOLD
Business Description
- This Motel has been under its current ownership structure for close to 30 years!
- It oozes character and appeal and was the winner of the recent local "Best Business" Award
- 36 well maintained and presented ground floor 3.5 star units
- Suitable for splitting off a Lease
- Very popular area only 3 hours from Sydney
- Located in a strong Rural, Vineyard and Mining area
- Centre town location
- Magnificent, independent four bedroom residence with large private yard
- Don't miss this rare opportunity
- Contact us now for further details!
Net profit $368,590 for 2014/15
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 634MF (quote when enquiring)
Location: Gulgong NSW
Gulgong is located in the north-west of the Central Tablelands, a few kilometres from the Central Western Slopes. Gulgong is only a few hours drive north-west of Sydney or west of Newcastle. It has a dynamic and friendly community and a strong and diverse economic base, providing opportunities for future business development and growth. The Region also attracts more than 496,000 visitors each year to experience the local wine, food, sporting and cultural events.
The region produces gold in the form of the golden merino fleece and the golden grain from the wheat fields. The ground is still rich with minerals, producing coal, clay and magnetite. In recent times the area has become a prominent wine growing plus horse and cattle breeding area.
But more important to the town is the bustling tourist industry which has developed over the years as more and more people take time to discover their roots and explore a unique part of Australia's heritage. You'll find a thriving arts community in and around Gulgong. Being world famous for its variety of usable clays, the town is home to a world class ceramic gallery, a gallery showcasing local art and a heritage shop which showcases the ancient craft of pewter smithing. You'll also find some great cafes, an amazing discount store as well as clubs pubs and restaurants.
Property Code: 1758
Business Summary
Key Investment Insights
1. Long-standing ownership structure for close to 30 years, indicating stability and success in the business.
2. Winner of local "Best Business" Award, showcasing the motel's popularity and success in the area.
3. 36 well-maintained and presented ground floor units, providing ample accommodation for guests.
4. Potential for splitting off a lease, providing additional income opportunities.
5. Located in a popular and sought-after area, only 3 hours from Sydney.
6. Situated in a strong rural, vineyard, and mining area, providing a diverse customer base.
7. Centre town location, making it easily accessible for guests and convenient for local attractions.
8. Includes a spacious and independent four-bedroom residence with a large private yard, providing a comfortable living space for owners.
9. Rare opportunity to own a freehold motel in the Mudgee area.
10. Located in Gulgong, a dynamic and friendly community with a strong and diverse economic base.
11. Attracts over 496,000 visitors each year, providing a steady flow of potential customers.
12. Region known for its production of gold, wine, and other minerals, showcasing the area's economic potential.
13. Thriving arts community in and around Gulgong, providing additional attractions for guests.
14. Potential for business development and growth in the future.
15. Includes a world-class ceramic gallery, local art gallery, and heritage shop, showcasing the town's unique heritage and culture.
