Parkes, New South Wales
Regional Centre Freehold Motel – Highway Frontage - 1P4662M
SOLD
Business Description
Well Presented B&B Motel with Room to Expand (stca)
Located on the Newell Highway midway between Melbourne and Brisbane and directly opposite the Visitors Information Centre, the vendors have been continually refurbishing the motel.
The motel operates as a B&B with only continental breakfasts being offered, with no cooking or evening meals to prepare.
Highlights include:
. Strong regional town with excellent passing traffic
. Currently only using 14 of the 15 rooms available
. Easy access with parking for large vehicles and trucks
. Residence with private yard
. Pool and BBQ area
. Room to expand (stca)
. Opportunity to increase business with infrastructure projects being undertaken in the area
Business Summary
Key Investment Insights
1. Prime location on the Newell Highway, a major transport route between Melbourne and Brisbane.
2. Opposite a Visitors Information Centre, providing a steady stream of potential customers.
3. Continual refurbishment of the motel, ensuring a well-presented and modern property.
4. B&B operation with only continental breakfasts, reducing workload for owners.
5. Strong regional town with high passing traffic, providing a consistent customer base.
6. Potential to increase business by utilizing the 15th room and expanding services to include evening meals.
7. Easy access and parking for large vehicles and trucks, making it an ideal stopover for travelers.
8. Private residence with a yard, providing a comfortable living space for owners.
9. On-site amenities such as a pool and BBQ area, adding value for guests.
10. Opportunity for further expansion (subject to council approval), providing potential for growth and increased revenue.
11. Potential for increased business due to infrastructure projects in the area, attracting more travelers and workers.
