152 Lachlan Street, Hay, New South Wales
Rare to find Freehold Investment Opportunity in Strong Motel Town
$2,800,000
Business Description
The Nicholas Royal Motel is a rare freehold investment opportunity in the heart of Hay, a thriving motel town. All on the ground floor, the property offers 16 units: 10 queen rooms, 1 twin, 4 family rooms, and 1 king. It's part of the Golden Chain network, with amenities like pubs, bakeries, and cafes basically at your front door.
Key features:
• 16 ground-floor units
• Expansion potential with approx. 1/2 acre of additional land
• CPI-linked rent with a minimum increase of 3%
• All outgoings paid by the tenant
With room to expand, stable income, and a prime location, the Nicholas Royal Motel is a secure investment with long-term upside.
Business Summary
Key Investment Insights
1. Rare freehold investment opportunity in a strong motel town, offering ownership of the land and business, not a leasehold.
2. 16 ground-floor units, comprising 10 queen rooms, 1 twin, 4 family rooms, and 1 king, providing diversified room types.
3. Prime central location in Hay, described as a thriving motel town, with pubs, bakeries and cafes at the doorstep.
4. Affiliated with the Golden Chain network, enhancing brand recognition and potential guest demand.
5. Approximate 1/2 acre of additional land provides clear expansion potential for more units or facilities.
6. CPI-linked rental income with a guaranteed minimum 3% annual increase, supporting revenue predictability.
7. All outgoings are paid by the tenant, reducing landlord operating expense exposure.
8. All units on the ground floor, supporting easier guest access and potentially lower maintenance and conversion costs.
9. Positioned as a stable income asset with stated long-term upside due to location, rent structure and expansion capability.
