New South Wales
Buy Of The Year, Absolute Money Maker - 1634MF
FREEHOLD $8,300,000
Business Description
FREEHOLD MOTEL FOR SALE
- Buy of the year Freehold with huge upside in booming area.
- 100% leased with contract in place with strong trade history and strong future. All 47 rooms are permanently booked (current room rates, well below market).
- Major accommodation provider in the strong rural and mining area. Supported by a stable economy centred on agriculture (wool, wheat, cattle), mining, and a large-scale solar farm (a joint AGL and Federal and State Government venture approximately 10km west) with a lot of growth ahead.
- Walk to RSL Club across the road or to the local hotel approximately 50 metres up the road for meals.
- Prime highway location, significant room capacity, and strong cash-flow backed by expanding local mining and agricultural sectors are all strong benefits.
- 4,040 sqm land area
- 47 guestrooms currently + 1 storage rooms (able to convert back to a letting room) + 1 significant manager’s residence + spare restaurant (can be reopened or converted to 4 letting rooms) and commercial kitchen. Current configuration is 29 front rooms include:11 Standard Queen, 17 Twins, 1 Family Room. 18 back rooms: 17 Doubles, 1 Standard Queen.
- Main newer building constructed from brick with concrete tile roofing.
- Current owners have operated for approximately 9 years.
- Restaurant not currently in operation. Fully licensed with a separate bar, lounge and seating for 120 people. It is supported by a full commercial kitchen. There is also a separate conference area. (could be reopened or converted to 4 letting rooms subject to Council Paaroval).
- Landscaped gardens and lawns, saltwater swimming pool, barbeque facilities and covered outdoor entertaining area.
Adjusted Net Profit: Available upon request, Confidentiality conditions apply.
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1634MF (quote when enquiring)
Property Code: 5461
Business Summary
Key Investment Insights
1. Freehold asset with strong upside potential in a booming rural and mining region, marketed as a "buy of the year" opportunity.
2. 100% leased with a contract in place and a strong trade history, providing immediate and stable income.
3. All 47 rooms permanently booked at current rates that are stated to be well below market, indicating revenue uplift potential by repricing.
4. Large room inventory and capacity for additional rooms, including one storage room convertible to a letting room and a spare restaurant convertible to four letting rooms, subject to Council approval.
5. Significant ancillary accommodation and management infrastructure, including a substantial manager’s residence and a separate conference area.
6. Fully licensed restaurant with separate bar and lounge, seating for 120, and a full commercial kitchen, currently closed but reopenable to restore F&B revenue.
7. Prime highway position with immediate town amenities, walking distance to the RSL across the road and approximately 50 metres to the local hotel, supporting guest convenience and spend.
8. Strong local demand drivers from agriculture, mining and a large-scale AGL-backed solar farm about 10 kilometres west, implying sustainable and growing occupier demand.
9. Property scale and site features include 4,040 sqm of land, landscaped gardens, lawns, a saltwater swimming pool, barbeque facilities and covered outdoor entertaining area.
10. Main accommodation building constructed from brick with concrete tile roofing, indicating durable building fabric; current owners have operated the property for approximately nine years.
