Ivanhoe, New South Wales
MODERN BUILDING WITH LONG TERM LEASE MOTEL HOTEL - 70HI
INVESTMENT $1,200,000
Business Description
- Long-term investment opportunity with a strong lease.
- Outgoings are paid by the tenant.
- 10 years commenced August 5th, 2020 with 3 x 10 years options.
- $90,456 (plus GST) annual CPI increases.
- Substantial depreciation .
- A local landmark for the area.
- The old hotel burnt down in late 1995 and this one was built in 1996.
- Service centre for the area and has a constant reliable gathering of locals and tourists alike..
- 4,812 sqm.
- 7 newly refurbished motel rooms. They feature brand new queen beds fitted out with fresh linen, air-conditioning, side tables, lounge and ensuite to make the stay a bit more like home.
- Large country style public bar with long timber counter with stools plus other assorted tables and chairs.
- 30 seat restaurant serving modern Australian cuisine.
- Large landscaped outdoor area with covered areas and bench seating.
- The Hotel kitchen is suitably equipped to cater to the hotel clientele with commercial appliances, gas facilities, ample bench space and a walk-in cool room.
- One bedroom residence onsite with ensuite and air conditioning.
- Guests don’t have to go anywhere else to feel right at home.
Annual Rent: $90,456 plus GST
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 70HI (quote when enquiring)
Property Code: 4852
Business Summary
Key Investment Insights
1. Long-term lease in place, 10 years commenced 5 August 2020, with 3 x 10 year tenant renewal options.
2. Annual rent $90,456 plus GST, with CPI-linked annual increases.
3. Tenant responsible for outgoings, reducing landlord operating expense exposure.
4. Substantial depreciation available, offering potential tax advantages for purchaser.
5. Recognised local landmark rebuilt in 1996 after the previous hotel burnt down in 1995, providing established community identity.
6. Positioned as a service centre with a reliable mix of locals and tourists, supporting steady patronage.
7. Large 4,812 sqm site, offering space for operations and outdoor amenity.
8. Seven newly refurbished motel rooms, each with queen beds, fresh linen, air conditioning, lounge and ensuite, enhancing short-stay appeal.
9. Onsite hospitality infrastructure includes a large country-style public bar with long timber counter, a 30-seat restaurant serving modern Australian cuisine, and a large landscaped outdoor area with covered seating.
10. Commercial-grade kitchen with gas appliances, ample bench space and a walk-in cool room, plus a one-bedroom onsite residence with ensuite and air conditioning, supporting operational flexibility and onsite management.
