New South Wales
Buy Of The Year, Absolute Money Maker - 1634MF
FREEHOLD $8,300,000
Business Description
FREEHOLD MOTEL
- 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. 100% leased with a contract in place and all 47 rooms permanently booked, demonstrating immediate income and strong occupancy history.
2. Current room rates are well below market, providing clear upside through rate realignment.
3. Major accommodation provider in a stable rural and mining economy, supported by agriculture and a large-scale solar farm about 10km west, indicating demand growth.
4. Prime highway location with walkable access to the RSL and a local hotel for meals, enhancing guest convenience and amenity access.
5. Significant room capacity with 47 guestrooms, one storage room convertible back to a letting room, a manager’s residence, and spare restaurant space convertible to four letting rooms, offering flexible revenue expansion options.
6. Fully licensed restaurant with separate bar, lounge and seating for 120, plus a full commercial kitchen and conference area, providing immediate F&B and events potential or conversion opportunities.
7. Strong cash-flow underpinned by expanding local mining and agricultural sectors, positioned as an investment with resilient demand drivers.
8. Large freehold landholding of 4,040 sqm, providing scope for redevelopment, expansion or ancillary uses.
9. Main newer building constructed from brick with concrete tile roofing, indicating solid, low-maintenance construction.
10. Attractive guest facilities including landscaped gardens and lawns, saltwater swimming pool, barbeque facilities and covered outdoor entertaining area, supporting guest experience and longer stays.
11. Current owners have operated the property for approximately nine years, suggesting operational continuity and established local knowledge.
12. Multiple value-add opportunities: reopen the restaurant and conference area, convert spaces to additional letting rooms, and implement rate increases to capture upside.
