Tamworth, New South Wales

Multiple offers received above asking price on this HIGH-PERFORMING TAMWORTH LEASEHOLD MOTEL WITH EXCEPTIONAL RETURNS

SOLD

Business Description

Ras360 exclusively presents the award-winning Edward Parry Motel & Apartments to the market.

Positioned in the thriving regional centre of Tamworth, this outstanding 4-star leasehold motel offers a rare opportunity to secure a high-performing accommodation business with an exceptional reputation, strong corporate trade and approximately 90% occupancy under the current owners.

The business features 15 well-presented accommodation keys including spacious Queen, Twin and Family motel rooms along with fully self-contained 2-bedroom apartments, catering to a wide range of guests from corporate travellers to families and sporting groups.

Key highlights include:

Approx. 29 years remaining on the lease
Approx. $850,000 annual turnover
Projected net profit of approximately $455,000 including add-backs
Spacious 3-bedroom manager’s residence attached to reception
Multiple award-winning motel with strong online presence and repeat clientele
Ground-level complex in outstanding condition with nothing to spend
Growth opportunities across food, sporting groups, apartment marketing and database marketing

With forward bookings, established systems and a strong operational foundation already in place, Edward Parry Motel & Apartments presents an exceptional opportunity for both experienced operators and newcomers alike.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Marketing Agent

Lauren Wilkins

0411 67....

Jason Vogler

0427 43....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Award winning four star leasehold motel reporting approximately $850,000 annual turnover and projected net profit of approximately $455,000 including add backs.
2. Approximately 90% occupancy under current ownership, supported by strong corporate trade, repeat clientele and forward bookings.
3. Fifteen accommodation keys include Queen, Twin, Family rooms and fully self contained two bedroom apartments.
4. Approximately 29 years remaining on the lease provides substantial tenure for prospective operators.
5. Spacious attached three bedroom manager’s residence supports convenient onsite management.
6. Ground level complex is presented in outstanding condition, with nothing to spend according to the listing.
7. Multiple award recognition and a strong online presence support the motel’s established reputation and market position.
8. Identified growth opportunities include food, sporting groups, apartment marketing and database marketing.