152 Lachlan Street, Hay, New South Wales
PRICE REDUCED!! Rare to find Freehold Investment Opportunity in Strong Motel Town
Offers above $2,550,000
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. Freehold asset offering direct property ownership, price recently reduced, improving buyer value proposition.
2. Located in Hay, described as a strong, thriving motel town, indicating steady demand for accommodation.
3. 16 ground-floor units, simplifying access and reducing vertical maintenance complexity.
4. Unit mix includes 10 queen rooms, 1 twin, 4 family rooms, and 1 king, supporting diverse guest types and revenue streams.
5. Part of the Golden Chain network, providing branded marketing support and potential booking pipeline.
6. Immediate access to local amenities including pubs, bakeries, and cafes, enhancing guest experience and occupancy appeal.
7. Approximately half an acre of additional land, offering clear expansion potential for more units or facilities.
8. CPI-linked rent with a minimum 3% increase, providing predictable indexed income growth.
9. All outgoings paid by the tenant, indicating a net lease structure that reduces owner operating expense exposure.
10. Positioned as a secure investment with stable income and long-term upside due to location, lease terms, and expansion capacity.
