Just Listed

SECURE LEASE, BOOMING AREA AND MAKING MONEY WITH DEVELOPMENT HAPPENING IN AREA - 89ML

LEASEHOLD $1,250,000

  • 23 room, 3.5 star Motel and Restaurant located on the prime Highway frontage.
  • Additional 2 bedroom separate house also leased separately but adjoins the existing business.
  • Spacious rooms and in good condition situated on a large block with playground, swimming pool and games room
  • Area experiencing an economic "gold rush"
  • Spacious private residence onsite, allowing owners to live and work in a tight-knit country community
  • Restaurant is not currently utilised and offers a considerable opportunity, seats 40 people comfortably. The business has the ability to cater for the coach trade and is the only motel with its own restaurant in the area that can cater for this trade.
  • Reliable income stream benefiting lifestyle. As a key stopover on the highway connecting Sydney, Melbourne, and Adelaide, that captures high year-round traffic, resulting in consistent bookings from tourists, tradespeople, and corporate travellers rather than purely seasonal holiday spikes. 
  • Serves as the primary stopping point for long-distance drivers and freight/contractor traffic.
  • Reception is located at the front of the complex with a guest waiting area (15 sqm), separate office and additional storage. There is a computerised booking system.
  • 23 rooms comprising various configurations including a 2 bedroom bungalow, to suit all travellers. Separate 2 bedroom house configured to be able to sleep 7 in addition to motel units
  • Landscaped gardens and lawns, salt-water swimming pool, barbeque facilities and outdoor area
  • Large room adjoining the pool available separate to Restauraunt areas for functions, meetings, family gatherings and the like
  • Smart televisions and free Wi Fi for guest convenience.

 

Adjusted Net Profit: $438,800 for 2024/25 with $353,954 projected for 2025/26

 

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 89ML (quote when enquiring)

Price LEASEHOLD $1,250,000
Property ID 89ML
Category Motel

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