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Cooee Motel Gilgandra Freehold Going Concern 17-room motel | 2.1 hectares | Established income and significant growth potential
Hargraves Lane, Gilgandra, NSW, 2827
Accommodation/tourism · Motel
FHGC - $2,950,000
Strategically positioned along the Newell Highway, approximately 65 kilometres north of Dubbo, this well-presented 17-room motel offers excellent highway exposure, convenient vehicle access and undercover parking directly in front of guest rooms.Set on approximately 2.1 hectares, the property combines an established trading history with substantial opportunities for future growth, including potential accommodation expansion and further development (STCA).The current owners have undertaken significant improvements over the past 12 months, including the addition of five new guest rooms, contributing to positive revenue growth.Recent improvements include:New Smart TVs installed throughout all roomsFeature walls in the new King RoomsUpdated furniture across multiple roomsFive additional guest rooms expanding accommodation capacityThe motel also benefits from a recently established corporate accommodation agreement, providing an additional source of business and opportunities to strengthen occupancy.Key investment highlights:17 ground-level guest rooms with convenient undercover parkingFY2025/26 turnover of $394,321, with forecast turnover of $450,000 for FY2026/272.1-hectare landholding offering significant expansion potentialDevelopment application for approximately 2123 additional rooms, with approval status to be confirmedWell-appointed two-bedroom owner's residenceCompetitive room tariffs with opportunities to increase average daily ratesEstablished repeat clientele and historically limited marketingExposure to corporate, agricultural, transport and regional tourism marketsWith its strategic highway location, recent improvements, established clientele and considerable scope for further development, Cooee Motel Gilgandra presents an appealing opportunity for owner-operators and investors seeking an established regional accommodation business with room to grow.For further information or to arrange an inspection, contact Darren Leaney at CRE Brokers.
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