Tumut, New South Wales
OUTSTANDING MONEY MAKER, WALK TO CBD WITH SIGNIFICANT UPSIDE - 1352MF
SOLD
Business Description
- Huge upside currently trading at only 65.9% with 29 units.
- Beautiful offering with high profit.
- Stunning location only 20 minutes from the Hume Hwy.
- Major refurbishment in rooms and bathrooms has been completed in the past.
- Excellent presentation, trading well.
- High visitation centre.
- Licensed restaurant available and underutilised, currently used for training. and function facilities, landscaped gardens, outdoor BBQ area, and an onsite 2 bedroom residence.
- With proven demand from corporate travellers, group bookings, and Snowy Mountains visitors, the motel generates reliable income and offers excellent growth potential.
Offers a significant upside to any potential operator and could easily be run under management. Ideal opportunity for a self-managed super fund investment / operation with separate entity option.
The property also offers the ability to convert a currently underutilised space back into two units. The indicative cost of that conversion is $30,000 for each unit and that investment based upon current figures should return a Net in excess of $24,000 per unit in the first year and add $200,000 each in additional value ($400,000 in total) once completed and operational.
The property currently comprises 29 fully refurbished ground-floor units, including Executive King and Queen Suites, Twin Rooms, and a spacious Two-Bedroom Family Suite. Guests enjoy modern bathrooms, luxury triple sheeting, free WiFi, flat-screen TVs, and parking at the door. Executive upgrades such as pure wool carpets and contemporary finishes position the property well above the standard regional motel offering
The Tumut area is around four hours' drive from Sydney and around two hours from Canberra. You can also fly into Wagga Wagga Airport. The Tumut River flows along the edge of the town; the plains spread out on either side of the river; and the foothills of the Snowy Mountains rise on all sides.
The town is remarkably prosperous largely due to the success of the timber industry. This prosperity has seen the town become one of the most attractive medium-sized settlements in rural New South Wales.
Adjusted Net Profit: $705,188 for 2024/25 (as provided by vendor accountant)
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1352MF (quote when enquiring)
Property Code: 5293
Business Summary
Key Investment Insights
1. Adjusted net profit $705,188 for 2024/25, indicating strong current earnings.
2. Currently trading at 65.9% capacity across 29 units, signalling significant upside through occupancy growth.
3. Conversion opportunity to create two additional units at approximately $30,000 each, projected to return net in excess of $24,000 per unit in year one and add about $200,000 in value per unit, approximately $400,000 total uplift.
4. All 29 ground‑floor units fully refurbished, offering Executive King and Queen Suites, Twin Rooms and a Two‑Bedroom Family Suite, supporting premium rates.
5. Executive upgrades including pure wool carpets and contemporary finishes position the property above typical regional motel standards.
6. Licensed restaurant currently underutilised and used for training, representing an immediate revenue growth opportunity.
7. Onsite function facilities, landscaped gardens, outdoor BBQ area and a two‑bedroom manager residence enhance guest amenity and operational flexibility.
8. Proven demand mix from corporate travellers, group bookings and Snowy Mountains visitors, providing diversified and reliable income streams.
9. Strong presentation and recent major room and bathroom refurbishments reduce short‑term capital expenditure needs.
10. Attractive regional location, walk to CBD, 20 minutes from the Hume Highway, around four hours from Sydney and two hours from Canberra, with proximity to Snowy Mountains and Wagga Wagga Airport.
11. Located in a prosperous town supported by a successful timber industry, underpinning local economic stability and visitation.
12. Suitable for owner‑operator, third‑party management or SMSF investment, offering flexible ownership and operating models.
