134 Mayne Street, Gulgong, New South Wales
Affordable Freehold in Mudgee's Mining District
$9M FHGC
Business Description
The Ten Dollar Town Motel presents an exceptional opportunity to acquire the largest accommodation business in the historic township of Gulgong, just 30 minutes from Mudgee—one of regional New South Wales' strongest tourism and commercial centres. The region continues to benefit from significant investment across tourism, mining and infrastructure, providing a diverse and reliable customer base with strong long-term growth prospects.
Comprising 44 guest rooms, the motel is complemented by a popular food outlet servicing both in-house guests and the general public, creating two complementary income streams.
To provide a clearer assessment of the business, the FY2026 financials have been separated into accommodation and food operations using industry-appropriate turnover-to-net profit benchmarks.
The accommodation business has achieved an average annual occupancy of 62.19%, with a projected annualised turnover of $1,376,386. Applying a conservative 55% turnover-to-net profit ratio results in a projected adjusted net profit of $757,012.
The food operation has generated a rolling 12-month turnover of $588,572. Applying a 30% turnover-to-net profit ratio results in an adjusted net profit of $176,571.
Combined, the business delivers a projected adjusted net profit of $933,583, highlighting the strength of this diversified operation.
Motels in this area rarely come to market so don't waste time securing this. Call for information and to arrange an inspection.
Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights **
Business Summary
Key Investment Insights
1. Freehold ownership, offering direct control of asset and land.
2. Largest accommodation business in the historic township of Gulgong, creating local market dominance.
3. Located 30 minutes from Mudgee, a strong regional tourism and commercial centre, enhancing demand potential.
4. 44 guest rooms, providing substantial scale and revenue capacity.
5. Onsite popular food outlet, generating a second complementary income stream for catering both guests and the public.
6. Diversified customer base driven by tourism, mining and infrastructure investment in the region, supporting demand resilience.
7. FY2026 accommodation performance shows average annual occupancy of 62.19 percent, with projected annualised turnover of $1,376,386.
8. Accommodation projected adjusted net profit of $757,012, based on a conservative 55 percent turnover to net profit conversion.
9. Food operation rolling 12 month turnover of $588,572, with projected adjusted net profit of $176,571 using a 30 percent conversion.
10. Combined projected adjusted net profit of $933,583, reflecting the strength of the diversified operation.
11. Energy rating 5.5, indicating above average energy performance.
12. Market scarcity noted, motels in this area rarely come to market, suggesting potential upside from limited supply.
