130 Mayne Street Gulgong NSW 2852

JLL Hotels & Hospitality Group is thrilled to offer for sale the freehold going concern interest in the Ten Dollar Town Motel & Larsen's Restaurant positioned in Gulgong NSW.

Price:
Ten Dollar Town Motel: $7,950,000
Larsen's Restaurant: $950,000

Investment attributes include:

- High performing 39-key accommodation venue with sound F&B operation
- Opportunity includes two freehold properties comprising the motel and restaurant site
- 2023 occupancy exceeding 92%+
- Modern motel suites - excellent presentation
- The sale will provide vacant possession enabling new branding opportunities
- Excellent local economic drivers comprising infrastructure development, tourism and agriculture
- DA approved for an additional 7 accommodation rooms
- Expansive landholding of 5,851sqm across both motel and restaurant sites
- 2023 Turnover circa $2.7m ex. GST

The Ten Dollar Town Motel & Larsen's Restaurant are offered for sale via Private Treaty.

To receive further information regarding this opportunity, or to book an inspection, please contact the exclusively appointed JLL agents