Tamworth, New South Wales
Multiple offers received above asking price on this HIGH-PERFORMING TAMWORTH LEASEHOLD MOTEL WITH EXCEPTIONAL RETURNS
Leasehold - Offers Over $1.8M
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
Key Investment Insights
1. Located in the regional centre of Tamworth, offering access to a thriving regional market and strong corporate trade.
2. High-performing 4-star leasehold motel with approximately 90% occupancy under current owners.
3. Fifteen well-presented accommodation keys, including Queen, Twin, Family rooms and fully self-contained two-bedroom apartments, catering to corporate travellers, families and sporting groups.
4. Approximate annual turnover of $850,000.
5. Projected net profit of approximately $455,000 including add-backs, indicating strong returns.
6. Approximately 29 years remaining on the lease, providing long-term tenure and operational stability.
7. Spacious three-bedroom manager’s residence attached to reception, supporting onsite management and reduced housing costs.
8. Multiple award-winning property with a strong online presence and repeat clientele, enhancing reputation and demand.
9. Ground-level complex reported in outstanding condition with nothing to spend, minimising immediate capital expenditure.
10. Forward bookings, established systems and a strong operational foundation, facilitating a smooth transition for new owners.
11. Clear growth opportunities across food offerings, targeting sporting groups, apartment marketing and database-driven marketing.
12. Suitable for experienced operators and newcomers, reflecting scalable operations and accessible management structure.
