Wauchope, New South Wales
Mid North Coast Freehold Motel and Cabins, Scope for Expansion - 759MF
SOLD
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. Substantial freehold landholding of 5,696 m2 in central Wauchope, enabling on-site expansion or redevelopment potential.
2. Accommodation stock comprises 23 well-maintained motel rooms plus 4 standalone cabins, supporting multiple revenue streams.
3. Strong FY2024 trading, approximately $1.1M revenue with circa $650K adjusted operating profit, confirmed adjusted net profit $645,734 for 2023/24.
4. Positive FY2025 outlook with continued growth forecast, indicating momentum in trading performance.
5. Solid occupancy averaging 65–70%, underpinned by established corporate and leisure clientele, supporting steady cash flow.
6. Local market described as under-supplied with minimal competition, implying demand-led pricing power.
7. On-site guest amenities include a pool and a guest services area formerly operated as a restaurant, adding appeal and ancillary revenue potential.
8. Zoned R1 General Residential, offering development upside subject to council approval (STCA).
9. Extensive operational and storage infrastructure on site, reducing immediate capital expenditure for operators.
10. Additional upside opportunities via dynamic pricing strategies and inventory optimisation to lift revenue and margins.
11. Strategic regional location in a stable economy supported by agriculture, retail and light industry, with convenient access to Port Macquarie (20 minutes), Sydney (4 hours) and Brisbane (6 hours).
12. Consistent local population base of approximately 10,000 residents, supporting ongoing domestic demand and regional resilience.
