Jindabyne, New South Wales
PRIME LEASEHOLD OPPORTUNITY FOR A THRIVING MOTEL IN SCENIC JINDABYNE - 1685ML
SOLD
Business Description
Scenic Gem: Nestled in picturesque Jindabyne, this leasehold motel offers stunning panoramic views.
Accommodation: Boasting 25 well-appointed motel units and a three-bedroom apartment providing a diverse range of accommodation options to cater to various guest preferences. Staff are also looked after with a separate manager’s room and four staff bedroom quarters.
Scenic Views: Enjoy the breathtaking views of Lake Jindabyne from the 60-seat licensed restaurant with separate bar, providing a unique and picturesque setting for guests.
Luxurious Upgrade: A recent $1 million refurbishment has transformed the motel into a haven of luxury and modern comfort.
Loyal Clientele: Established customer base ensures a steady stream of bookings and revenue.
A very impressive property in the heart of Jindabyne, providing the basecamp for a year-round adventure playground, the winter months are dominated by servicing Skiing/Snowboarding clientele with the off-season months attracting those interested in Flyfishing, mountain biking, bushwalking/hiking and much more.
The Panorama Jindabyne has also successfully tapped into the Wedding Reception and Function market expanding revenue streams and amplifying turnover.
Net Profit: $521,703 for 2022/23
Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1685ML (quote when enquiring)
Property Code: 4822
Business Summary
Key Investment Insights
1. Prime location in picturesque Jindabyne with stunning panoramic views.
2. Diverse range of accommodation options, including 25 motel units and a three-bedroom apartment.
3. Separate manager's room and staff quarters for employee accommodation.
4. Breathtaking views of Lake Jindabyne from the 60-seat licensed restaurant and bar.
5. Recent $1 million refurbishment has elevated the motel to a luxurious and modern standard.
6. Established customer base ensures steady revenue throughout the year.
7. Close proximity to popular winter activities such as skiing and snowboarding, as well as off-season activities like fly fishing, mountain biking, and bushwalking.
8. Successful tapping into the wedding reception and function market, expanding revenue streams.
9. Strong net profit of $521,703 projected for 2022/23.
10. Opportunity for further growth and expansion in the thriving tourism industry.
11. Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.
