Hotel - Motel - Freehold - Investment Price: $1,200,000 Net Profit: $0
Visit this listing at https://www.sbx.com.au/business?id=F3489
Business Code: F3489 Key Features: Hotel Motel Freehold Investment - NW NSW - strong rental return of nearly 8% State: NSW Suburb: Ivanhoe, 2878 Location: Situated within the Central Darling Shire local government area and is now more of a stopping off point for tourists headed North and South along the Cobb Highway in North West NSW Description Hotel Motel which is a well-known establishment with 7 newly renovated motel rooms. Each room is equipped with brand-new queen beds with fresh linen, air-conditioning, side tables, a lounge, and a private ensuite, creating a comfortable and homely stay. Guests can also enjoy quality pub meals and drinks on-site, making it a convenient and welcoming place to relax. Extra facilities include spacious country-style public bar featuring a long timber counter with stools, along with a variety of tables and chairs for seating. The restaurant accommodates up to 20 guests, Outside, a beautifully landscaped area includes covered sections and bench seating for a relaxed atmosphere. The well-equipped hotel kitchen is designed to handle guest demand, complete with commercial appliances, gas facilities, generous bench space, and a walk-in cool room. Summary Features: Prime Location Convenient stopover on the Cobb Highway for travellers.- Essential amenities Accommodation, dining, fuel, and postal services available. Agricultural hub which supports local farming and livestock industries.- Rural Charm with wide main street and authentic outback atmosphere. Potential: To more online marketing of the facilities Premises: One bedroom residence onsite with ensuite and air conditioning Trading Hours: 7 days - 7.30 am to 5 pm Lease: 10 year lease commenced 5th August 2020 with a further 2 x 10 year options. - Current annual rent is ($103,292 including GST)with annual rental reviews. All outgoings are paid by the tenant. Employees: Currently under management. Sale Reason: Other business interests Comments: Nestled along the Cobb Highway in NSW Australia, this is a quaint rural township situated between the Lachlan and Darling rivers, part of the Central Darling Shire which has evolved into a convenient rest stop for travellers journeying North or South. Despite its small size it remains a hub for the regions pastoral industry, continuing to support agricultural activities across the Shire. The town is distinguished by its notably broad main street and offers essential amenities, including accommodation, a licensed club with dining options, a hotel, cafes, a post office, and fuel services. This is the only hotel-pub within a 200 km radius in each direction and is a mining town; The mining contract is secured for the next 30 years. Only the property is being sold at this stage, but the business can be purchased if there is interest. Current pub and hotel were built in 1996 and motel rooms were built in 2014. Please do not approach management of the business - contact your SBX broker Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Weekly Summary Rent $1,806 Price $1,200,000
Contact SBX NSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au

Hotel - Motel - Freehold - Investment

Business Code: F3489
Price: $1,200,000

Key Features: Hotel Motel Freehold Investment - NW NSW - strong rental return of nearly 8%

State: NSW

Suburb: Ivanhoe, 2878

Location: Situated within the Central Darling Shire local government area and is now more of a stopping off point for tourists headed North and South along the Cobb Highway in North West NSW

Business Overview

Hotel Motel which is a well-known establishment with 7 newly renovated motel rooms. Each room is equipped with brand-new queen beds with fresh linen, air-conditioning, side tables, a lounge, and a private ensuite, creating a comfortable and homely stay. Guests can also enjoy quality pub meals and drinks on-site, making it a convenient and welcoming place to relax. Extra facilities include spacious country-style public bar featuring a long timber counter with stools, along with a variety of tables and chairs for seating. The restaurant accommodates up to 20 guests, Outside, a beautifully landscaped area includes covered sections and bench seating for a relaxed atmosphere. The well-equipped hotel kitchen is designed to handle guest demand, complete with commercial appliances, gas facilities, generous bench space, and a walk-in cool room.

Summary

Key Features: Prime Location Convenient stopover on the Cobb Highway for travellers.- Essential amenities Accommodation, dining, fuel, and postal services available. Agricultural hub which supports local farming and livestock industries.- Rural Charm with wide main street and authentic outback atmosphere.
Potential: To more online marketing of the facilities
Premises: One bedroom residence onsite with ensuite and air conditioning
Trading Hours: 7 days - 7.30 am to 5 pm
Lease: 10 year lease commenced 5th August 2020 with a further 2 x 10 year options. - Current annual rent is ($103,292 including GST)with annual rental reviews. All outgoings are paid by the tenant.
Employees: Currently under management.
Sale Reason: Other business interests
Comments:
Nestled along the Cobb Highway in NSW Australia, this is a quaint rural township situated between the Lachlan and Darling rivers, part of the Central Darling Shire which has evolved into a convenient rest stop for travellers journeying North or South. Despite its small size it remains a hub for the regions pastoral industry, continuing to support agricultural activities across the Shire. The town is distinguished by its notably broad main street and offers essential amenities, including accommodation, a licensed club with dining options, a hotel, cafes, a post office, and fuel services.

This is the only hotel-pub within a 200 km radius in each direction and is a mining town; The mining contract is secured for the next 30 years. Only the property is being sold at this stage, but the business can be purchased if there is interest.

Current pub and hotel were built in 1996 and motel rooms were built in 2014. Please do not approach management of the business - contact your SBX broker

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Figures include GST unless stated otherwise

Rent (ex GST)

$1,806

Price

$1,200,000

All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.

Hotel - Motel - Freehold - Investment