Wauchope, New South Wales
Mid North Coast Freehold Motel and Cabins, Scope for Expansion - 759MF
UNDER CONTRACT
Business Description
- Substantial 5,696m2 freehold landholding in the heart of thriving Wauchope.
- 23 well-maintained motel rooms plus 4 standalone cabins.
- Strong FY2024 results: Approximately $1.1M in revenue and circa $650K adjusted operating profit.
- Positive outlook for FY2025 with continued growth forecast.
- Solid occupancy of 65-70%, supported by established corporate and leisure clientele.
- Under-supplied accommodation market with minimal local competition.
- Attractive guest amenities, including a pool and guest services area (former restaurant).
- Zoned R1 General Residential - offering future development potential (STCA).
- Extensive operational and storage infrastructure onsite.
- Additional upside through dynamic pricing strategies and inventory optimisation.
- Located in a stable regional economy underpinned by agriculture, retail, and light industry.
- Consistent population growth – approximately 10,000 residents.
- Convenient access: 20 minutes to Port Macquarie, 4 hours to Sydney, 6 hours to Brisbane.
- A rare regional opportunity offering strong cash flow, growth potential, and development upside.
Adjusted Net Profit: $645,734 for 2023/24 (as provided by vendor)
Contact James from Tourism Brokers for further information or to arrange an inspection.
Property ID: 759MF (quote when enquiring)
Property Code: 5218
Business Summary
Key Investment Insights
1. Prime location in the heart of thriving Wauchope, a stable regional economy with consistent population growth.
2. Strong financial performance with approximately $1.1M in revenue and $650K adjusted operating profit in FY2024.
3. Positive outlook for FY2025 with continued growth forecast.
4. Well-maintained property with 23 motel rooms and 4 standalone cabins.
5. Solid occupancy rate of 65-70% supported by established corporate and leisure clientele.
6. Under-supplied accommodation market with minimal local competition.
7. Attractive guest amenities, including a pool and guest services area.
8. Zoned R1 General Residential, offering potential for future development (STCA).
9. Extensive operational and storage infrastructure onsite.
10. Additional upside through dynamic pricing strategies and inventory optimisation.
11. Convenient access to major cities, including Port Macquarie, Sydney, and Brisbane.
12. Rare regional opportunity offering strong cash flow, growth potential, and development upside.
