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 the lettable rooms increased to 8 which increased 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.
Adjusted Net Profit: $108,601 for 2024/25 (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. 35 years remaining on the lease from August 2025, providing long-term tenure and income certainty.
2. Substantial depreciation available, offering tax benefit potential for investors.
3. Local landmark built in 1996 after the previous hotel burnt down, giving established recognition and history.
4. Operating as the area service centre, consistently attracting both locals and tourists, implying steady demand.
5. Motel accommodation recently refurbished, seven rooms with new queen beds, air-conditioning, lounges and ensuites, creating improved guest appeal.
6. Lettable rooms increased to eight from October 2024, a recent capacity expansion that increased the bottom line.
7. Onsite 30-seat restaurant serving modern Australian cuisine, providing diversified F&B revenue.
8. Large country style public bar with long timber counter and seating, supporting strong casual trade and social appeal.
9. Large landscaped outdoor area with covered seating, suitable for events and peak-season overflow.
10. Commercial kitchen with gas appliances, ample bench space and a walk-in cool room, equipped to service hotel and restaurant operations.
11. One-bedroom onsite residence with ensuite and air-conditioning, offering owner/manager accommodation or staff accommodation flexibility.
12. Adjusted Net Profit of $108,601 for 2024/25 as provided by the vendor, giving a clear recent earnings indicator.
