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Gilgandra NSW 2827

Gilgandra NSW 2827

  • Hotel, Motel, Pub & Leisure
  • 2.1 ha
  • For Sale, FHGC $1,450,000

Central West Freehold Motel with Huge 4 Bedroom Residence - 1P6156M

    EXCLUSIVE TO CRE BROKERS. CRE Brokers are pleased to be appointed as the exclusive selling agents for the sale of Cooee Motel, Gilgandra NSW, as a Freehold Going Concern.

    This is an outstanding quality 12 room Motel located in Gilgandra and only approx. 25 minutes from Dubbo, the heart of the central west. The Motel is conveniently located with high exposure to the Newell Highway and with easy vehicle access and off-street parking. This Motel offers the savvy buyer a high earning enterprise.

    Revenue Growth: Achieve revenue growth in the coming years via items such as:
    . increasing room tariffs (currently low comparative to direct competitors)
    . Increasing occupancy (due to ill-health, the owners regularly close off rooms, selling only 5 or 6)
    . increase regional tourism backed by Tourism NSW, mining activity, agriculture, rail a road workers, interstate travellers

    Additional Accommodation Opportunity: With the land size approx. 2.1 hectares, the current owners had planned to add an additional 6 rooms (minimum) to the Motel supported by local government.

    CRE Brokers
    CRE Brokers
    U4/10 Lakewood Boulevard
    Carrum Downs, VIC 3201

    Property Highlights

    Floor AreaAsk Agent
    Land Area2.1 ha
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019512362
    Category
    Last updated  23 Sep 2024
    Map for Gilgandra NSW 2827
    CRE Brokers
    CRE Brokers
    U4/10 Lakewood Boulevard
    Carrum Downs, VIC 3201

    Property Highlights

    Floor AreaAsk Agent
    Land Area2.1 ha
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019512362
    Category
    Last updated  23 Sep 2024

    Listed by

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