Ivanhoe, New South Wales
MODERN BUILDING WITH LONG TERM LEASE MOTEL/HOTEL – 70HL
LEASEHOLD $90,000
Business Description
- 35 years remain on the lease from August 2025.
- 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..
- 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. From October 2024 there are 8 lettable rooms which will increase the bottom line.
- 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.
Net Profit: $86,531 for 2025 July - 2025 April (10 months - as provided by vendor)
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 70HL (quote when enquiring)
Property Code: 4972
Business Summary
Key Investment Insights
1. The business has a long-term lease with 35 years remaining, providing stability and potential for future growth.
2. The property has substantial depreciation, which can provide tax benefits for the new owner.
3. The building is a local landmark, providing a recognizable and established presence in the area.
4. The current building was built in 1996, after the previous hotel burned down, showing a history of successful operation in the area.
5. The business serves as a service center for the area, attracting both locals and tourists.
6. The motel rooms have recently been refurbished and are well-equipped with modern amenities, providing a comfortable stay for guests.
7. The public bar and restaurant offer a welcoming and cozy atmosphere for guests to enjoy.
8. The large outdoor area provides additional space for guests to relax and enjoy the surroundings.
9. The kitchen is well-equipped to cater to the hotel clientele, with commercial appliances and ample space.
10. The onsite residence provides convenience for the owner or manager.
11. The business has a strong focus on making guests feel at home, providing a positive and comfortable experience.
12. The business has a net profit of $86,531 for the 10 months from July 2025 to April 2025, showing a profitable operation.
13. The property is listed with Tourism Brokers, a reputable agency in the hospitality industry.
14. The property has a unique ID code (70HL) for easy identification.
15. The property is listed under the code 4972, making it easy to find on the agency's website.
