46 UNITS, 2 HOURS FROM SYDNEY, WALK TO CBD MONEY MAKER - 588MF

FREEHOLD $5,200,000

Run under management, the property would benefit considerably from a change.
2 hours from Sydney.
Opportunity to rejuvenate the business and enhance the offering, making it more appealing to the marketplace.
Rare 46 units, the heritage motel is an outstanding opportunity offering ease of access to the centre of the thriving Southern Tablelands city of Goulburn.
Over 2,000 square metres of vacant land included.
Opportunity to build motel units or serviced apartments on excess land (STCA).
Centrally located opposite the Goulburn railway station.
Accommodation oozes character and charm, as you step back into time. A time where rooms were graced with 12 foot ceilings, a time of fireplaces and staircases leading to attic rooms.
Originally three conjoined terrace houses, dating from the 1870’s.
Range of accommodation units, all with ensuite bathrooms.
Various sizes and configuration.
A convenient walk to clubs, restaurants, eateries, the location of this motel is second to none. So close are the eateries, coffee shops and cafes, the motel is now just Bed – no meals, no breakfast – So easy to run!
Large high-ceilinged lounge room for guests to be able to enjoy. Guests are also able to take advantage of a communal barbeque and outdoor dining area in the enclosed courtyard. All rooms are ensuite, air conditioned, fresh towels daily, microwave, fridge, toaster, kettle, coffee and tea, large television, plenty of parking. The large car parking area can accommodate trucks, trailers, coaches and horse floats.
Turnover: $760,212 for 2019/20; $935,770 for 2018/19

Goulburn is situated in the scenic Southern Tablelands of NSW, 194 km south-west of Sydney via the Hume Freeway. It is strategically located to provide a unique blend of City facilities and a country lifestyle. The City Council is home to 22,500 people and surrounding districts boost the population by 15,000 people. Its strong rural industries, led by wool, combine with equally important spheres of tertiary and secondary industry to provide firm economic foundations. Goulburn is also a major manufacturing base and an important rail centre. Other income is derived from engineering, warehousing and distribution, government agencies, retailing, meat processing and tourism. Goulburn is also home to the NSW Police Academy which occupies 48 hectares within the city.

Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.

Property ID: 588MF (quote when enquiring)

Price	FREEHOLD $5,200,000
Location	Goulburn
Property ID	588MF
Category	Motel

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