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Motel business for sale in White Cliffs

  • Motel
  • 1475mf Off Keraro Road White Cliffs NSW 2836
  • FREEHOLD $1,500,000

A Unique Investment Opportunity In Outback Australia - 1475mf

White Cliffs Underground Motel is the world's largest cave motel and one of the most unique properties on the planet. This exceptional property is not just a motel; it's a destination. Located in the heart of White Cliffs, New South Wales, this extraordinary establishment offers a one-of-a-kind experience for guests and a lucrative opportunity for investors.

Property Highlights:

- 38 Guest Cave Rooms: Each offering a cool, comfortable retreat in the underground.

- Two Outside Rooms: Perfect for those who prefer a traditional stay.

- Driver's Room: Ensuring convenience and comfort for tour groups.

- Manager's Cave: Ideal for owners, or long-term managers.

- Three-Bedroom Cave House: Ideal for staff.

- Licensed Bar and Restaurant: Catering to guests with a full-service dining experience.

- Conference Facility: Equipped to host events, meetings, and gatherings.

- Museum: Showcasing the rich history and culture of the opal mining town.

Title: The main section is held under perpetual leasehold tenure whist the balance is held under Crown Licence tenure. Western Lands Leases are bought and sold in the same way as freehold property. When purchasers "buy" leases they are in fact buying the improvements on the lease and the right to lease the land in perpetuity. Following amendments to the Act in 2018, lessees can apply to the Department to freehold the land at various costs to the lessee

Development Potential: The property is divided into three cave sections, offering excellent renovation opportunities. Plans and approvals are already in place to develop eight rooms with ensuite bathrooms, enabling you to cater to a more diverse market and potentially increase revenue.

Operational Insight: Historically, the motel has closed during the summer months due to remote management. However, with a hands-on team based in White Cliffs, there's significant potential to keep operations running year-round, maximizing occupancy and profitability.

Why Invest in White Cliffs Underground Motel?

- Unique Selling Point: As the world's largest cave motel, it draws visitors seeking a unique, memorable stay.

- Tourism Appeal: Located in a historical opal mining town, it attracts tourists from around the globe.

- Expansion Opportunities: Approved development plans offer a clear path for enhancing the property.

- Hands-On Management Potential: A local team can unlock the property's full potential, driving year-round business.

Seize this rare opportunity to own a piece of history and a profitable freehold business in the unique setting of White Cliffs. For more information or to arrange a viewing, please contact us today. This is your chance to invest in an unparalleled property with limitless potential.

Net Profit: 3 year average $407,601 using 60% profit margin (accommodation only)

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

Property ID: 1475MF (quote when enquiring)

Property Code: 4970

Tourism Brokers
Tourism Brokers
170 Scarborough St
Southport, QLD 4215

Business Highlights

Business ID2019272483
Floor AreaAsk Business Broker
Category
Last updated  
Map for 1475mf Off Keraro Road White Cliffs NSW 2836
Map for 1475mf Off Keraro Road White Cliffs NSW 28361475mf Off Keraro Road White Cliffs NSW 2836
Inspections
Documents
Tourism Brokers
Tourism Brokers
170 Scarborough St
Southport, QLD 4215

Business Highlights

Business ID2019272483
Floor AreaAsk Business Broker
Category
Last updated  

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