White Cliffs, New South Wales
A UNIQUE INVESTMENT OPPORTUNITY IN OUTBACK AUSTRALIA - 1475MF
FREEHOLD $1,500,000
Business Description
White Cliffs Underground Motel is the world’s largest cave motel and one of the most unique properties on the planet. This exceptional property is not just a motel; it’s a destination. Located in the heart of White Cliffs, New South Wales, this extraordinary establishment offers a one-of-a-kind experience for guests and a lucrative opportunity for investors.
Property Highlights:
- 38 Guest Cave Rooms: Each offering a cool, comfortable retreat in the underground.
- Two Outside Rooms: Perfect for those who prefer a traditional stay.
- Driver’s Room: Ensuring convenience and comfort for tour groups.
- Manager’s Cave: Ideal for owners, or long-term managers.
- Three-Bedroom Cave House: Ideal for staff.
- Licensed Bar and Restaurant: Catering to guests with a full-service dining experience.
- Conference Facility: Equipped to host events, meetings, and gatherings.
- Museum: Showcasing the rich history and culture of the opal mining town.
Title: The main section is held under perpetual leasehold tenure whist the balance is held under Crown Licence tenure. Western Lands Leases are bought and sold in the same way as freehold property. When purchasers "buy" leases they are in fact buying the improvements on the lease and the right to lease the land in perpetuity. Following amendments to the Act in 2018, lessees can apply to the Department to freehold the land at various costs to the lessee
Development Potential: The property is divided into three cave sections, offering excellent renovation opportunities. Plans and approvals are already in place to develop eight rooms with ensuite bathrooms, enabling you to cater to a more diverse market and potentially increase revenue.
Operational Insight: Historically, the motel has closed during the summer months due to remote management. However, with a hands-on team based in White Cliffs, there’s significant potential to keep operations running year-round, maximizing occupancy and profitability.
Why Invest in White Cliffs Underground Motel?
- Unique Selling Point: As the world’s largest cave motel, it draws visitors seeking a unique, memorable stay.
- Tourism Appeal: Located in a historical opal mining town, it attracts tourists from around the globe.
- Expansion Opportunities: Approved development plans offer a clear path for enhancing the property.
- Hands-On Management Potential: A local team can unlock the property’s full potential, driving year-round business.
Seize this rare opportunity to own a piece of history and a profitable freehold business in the unique setting of White Cliffs. For more information or to arrange a viewing, please contact us today. This is your chance to invest in an unparalleled property with limitless potential.
Net Profit: 3 year average $407,601 using 60% profit margin (accommodation only)
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1475MF (quote when enquiring)
Property Code: 4970
Business Summary
Key Investment Insights
1. The White Cliffs Underground Motel is the world's largest cave motel and a unique property with a one-of-a-kind experience for guests.
2. The property offers a range of accommodations, including 38 guest cave rooms, two outside rooms, a driver's room, a manager's cave, and a three-bedroom cave house.
3. In addition to accommodations, the motel also features a licensed bar and restaurant, conference facility, and a museum showcasing the history and culture of the opal mining town.
4. The property is held under perpetual leasehold tenure, with the option for lessees to apply for freehold ownership.
5. There are approved development plans in place to expand the property and increase revenue potential.
6. With a hands-on management team based in White Cliffs, there is potential for year-round operations and increased profitability.
7. The motel's unique selling point and location in a historical opal mining town make it a popular tourist destination.
8. The property has a 3-year average net profit of $407,601, with a 60% profit margin for accommodation only.
9. This is a rare opportunity to own a profitable freehold business with limitless potential.
10. Interested investors can contact Michael Philpott from Tourism Brokers for more information or to arrange a viewing.
