Scone, New South Wales
Charming Historic Motel, Three Wings of Modern Rooms - 1183ML
LEASEHOLD $750,000
Business Description
- 26 modern units
- All ground floor park at the door, including big vehicles
- Historic gracious landmark office and residence area
- Beautiful grounds areas with established garden and pool
- Easy operation currently no F&B
- Quiet location handy access to CBD, eateries and highway
- Multiple upside options in I.T, Rev. Management, SEO, Reviews, Breakfast, Mini-Bar.
- New 30 year lease on favourable terms
- Rare opportunity for the right operator
Airlie House is an historic landmark property in Scone with two storey residence and office plus 26 room motel situated on spacious grounds with well established gardens and pool. All the motel rooms are quiet, ground floor with parking at the door.
Currently while not providing F&B or liquor, this business could further benefit from those additions as well as marketing, IT, revenue management and review strategies.
The right operator could take this motel business to the next level and enjoy the upside.
Located at the southern end of busy Scone close to the CBD, shopping and eateries, this unique motel benefits from its position on the New England Highway and with Scone being the Horse Capital of Australia with all the visitation the equine bloodstock industry attracts.
This beautiful motel continues to perform well and has more to offer.
Adjusted Net Profit: $220,321 for 2023/24 reflecting a return of 29.3%
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1183MF (quote when enquiring)
Property Code: 5089
Business Summary
Key Investment Insights
1. The motel has 26 modern units, all located on the ground floor with parking at the door.
2. The property includes a historic and gracious landmark office and residence area.
3. The grounds feature established gardens and a pool.
4. The business is currently easy to operate and does not offer food and beverage options.
5. The location is quiet but still conveniently close to the CBD, eateries, and highway.
6. There are multiple opportunities for growth and improvement, such as in IT, revenue management, SEO, reviews, breakfast, and mini-bar options.
7. The business is offering a new 30-year lease on favorable terms.
8. This is a rare opportunity for the right operator to take the business to the next level.
9. The property is located in Scone, known as the Horse Capital of Australia, which attracts visitors from the equine bloodstock industry.
10. The adjusted net profit for 2023/24 is $220,321, reflecting a return of 29.3%.
11. Interested parties can contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
12. The property ID for this listing is 1183MF.
13. The property code is 5089.