Oberon, New South Wales

1623ML - Home of the Jenolan Caves!

SOLD

Business Description

Ill Health forces sale.
Owners want lease sold and have requested to submit all offers.
Catch the growth and gain! Less than 3 hours from Sydney.
Strong Commercial base and booming domestic tourism market.
15 well maintained 4 star units situated on a large 3,035sqm block.
No evening meals and a Long Lease.
Growing Turnover in the high $200's.
It's a Motel you would be proud to call your own!
Investment owner prepared to sell investment.

The motel has just received the TripAdvisor Certificate of Excellence Award for 2015 which is the second year in a row.

Net profit Expect $95,000

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1623ML (quote when enquiring)

Property Code: 93

Business Summary

Marketing Agent

Michael Philpott

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. The business is a motel located near the Jenolan Caves, a popular tourist destination.
2. The owners are selling due to ill health and are open to all offers.
3. The motel is less than 3 hours from Sydney, making it a convenient location for travelers.
4. The domestic tourism market in the area is booming, providing a strong commercial base for the business.
5. The motel has 15 well-maintained 4-star units on a large block of land.
6. The business does not offer evening meals, but has a long lease in place.
7. The turnover is growing and is expected to be in the high $200,000s.
8. The motel has received the TripAdvisor Certificate of Excellence Award for 2015 and 2016.
9. The net profit is expected to be $95,000.
10. The current owner is also willing to sell the investment.
11. Interested buyers can contact Michael Philpott from Tourism Brokers for more information or to arrange an inspection.
12. The property ID for this listing is 1623ML.