Just Listed

Mid North Coast Freehold Motel and Cabins, Scope for Expansion - 759MF

FREEHOLD $5,600,000

  • 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)

 

Price FREEHOLD $5,600,000
Location Wauchope
Property ID 759MF
Category Motel

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