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Regional freehold motel with opportunity to renovate and expand | Resort Brokers ID : FH007321
$5,200,000
Motel (Freehold) hospitality, GOULBURN NSW
Fantastic opportunity to acquire a 46 unit motel in the heart of historic Goulburn. This property has it all - location, heritage charm and architectural quality. With over 2,000 sqm of vacant land, there is plenty of room to expand and grow the business in this busy regional centre.
- 46 motel units.
- Centrally located within a thriving regional city.
- Opportunity to renovate into a 4-star motel
- 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
- Property inspections are by appointment only
Date updated: 01 Nov 2024 00:00:02
More Information
- Total Purchase Price: $5,200,000
- Net Income: $ 545,281
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?