152 Lachlan Street, Hay, New South Wales
UNDER OFFER - Nicholas Royal Motel, Hay NSW - 1P0535
Leasehold - $1,045,000
Business Description
Rare opportunity to enter the current tightly held motel market!
Key Features:
* Neat as a pin single level 16 room motel with a terrific family residence for the owner operator.
* High Occupancy NSW motel located on the junctions of the Sturt, Cobb & Mid-Western Highways in Hay NSW.
* Occupancy of 87.1% for the 2025 FY, an increase from 2024 FY (84.7%) – a proven performer year on year.
* First time offer to market in 10 years, with strong good will and repeat client base.
* Excellent lease terms of 25 years.
* Unique access to large rear land parcel with off street entrance for larger vehicle parking for trucks, buses, off road and caravans – priceless!
* Beautifully presented with 13 of 16 new bathrooms in place.
* Ideal main street location.
Contact Dan McDonald, the Exclusive Agent, direct for more information.
Business Summary
Other Features / Notes
EXCLUSIVE, LEASEHOLD, Motel, NSW - Riverina & Murray, Under OfferKey Investment Insights
1. Under offer, indicating active buyer interest and limited availability.
2. Single level motel with 16 rooms, suited to owner-operator model with an included family residence.
3. High occupancy performance, 87.1% for FY2025 up from 84.7% in FY2024, demonstrating year-on-year growth.
4. First time offered to market in 10 years, suggesting established goodwill and a loyal repeat client base.
5. Excellent lease terms of 25 years, providing long-term operational security for the lessee.
6. Prime main street location at the junction of the Sturt, Cobb and Mid-Western Highways, offering strong passing traffic and accessibility.
7. Unique large rear land parcel with off-street entrance, enabling parking for trucks, buses, off-road vehicles and caravans, enhancing market appeal to regional travellers.
8. Well presented property, described as “neat as a pin”, supporting positive guest perception and lower immediate capital expenditure.
9. Significant recent capital improvements, with 13 of 16 bathrooms newly installed, improving guest experience and asset condition.
10. Positioned in the Riverina and Murray region of NSW, a recognised regional travel corridor.
11. Listed as an exclusive leasehold motel opportunity, simplifying transaction structure for prospective lessees.
