MODERN BUILDING WITH LONG TERM LEASE MOTEL/HOTEL 70HL

• 35 years remain on the lease from August 2025.

• Substantial depreciation.

• A local landmark for the area.

• The old hotel burnt down in late 1995 and this one was built in 1996.

• Service centre for the area and has a constant reliable gathering of locals and tourists alike.

• 7 newly refurbished motel rooms. They feature brand new queen beds fitted out with fresh linen, air-conditioning, side tables, lounge and ensuite, to make the stay a bit more like home. From October 2024 the lettable rooms increased to 8 which increased the bottom line.

• Large country style public bar with long timber counter with stools plus other assorted tables and chairs.

• 30 seat restaurant serving modern Australian cuisine.

• Large landscaped outdoor area with covered areas and bench seating.

• The Hotel kitchen is suitably equipped to cater to the hotel clientele with commercial appliances, gas facilities, ample bench space and a walk-in cool room.

• One bedroom residence onsite with ensuite and air conditioning.

• Guests dont have to go anywhere else to feel right at home.

Adjusted Net Profit: $108,601 for 2024/25 (as provided by vendor)

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

Property ID: 70HL (quote when enquiring)

Property Code: 4972