1475MF Off Keraro Road, 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.
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 property is a unique and one-of-a-kind destination, making it a highly desirable investment opportunity.
2. The motel offers a variety of room options, catering to different preferences and needs.
3. The property has development potential, with plans and approvals in place to expand and potentially increase revenue.
4. With a hands-on management team, the motel has the potential to operate year-round and maximize profitability.
5. The property's unique selling point and location in a historical opal mining town make it a popular tourist destination.
6. The approved development plans offer a clear path for enhancing the property and expanding its offerings.
7. The property has a strong net profit, averaging $407,601 over the past three years.
8. The property is being sold as a freehold business, providing the opportunity for both ownership and profitable business operations.
9. The property is situated in the unique setting of White Cliffs, adding to its appeal and potential for growth.
10. This is a rare opportunity to own a piece of history and a profitable business in a highly sought-after location.
