Hotel/motel, caravan park and a mail-sorting business - This FHGC has it all | Resort Brokers ID : FH008008
$1,100,000
Motel (Freehold) hospitality, Byrock NSW
The Mulga Creek Hotel is more than just a place to stay; its a destination in itself. Its a bucket list property that attracts visitors from far and wide, eager to experience the charm and hospitality of this iconic establishment. The hotel is the town, serving as a central meeting place and postal delivery hub, further cementing its importancewithin the community.
The property boasts a commercial kitchen, enabling the provision of quality food services to guests and locals alike. The hotel also includes three motel rooms attached directly to the main building, providing convenient and comfortable accommodation for guests. The caravan park and cabins offer additional accommodation options, ensuring the property caters to a wide range of visitor preferences.
One of the standout features of this opportunity is the annual mail sorting contract, which generates an additional income of $50,000. This unique aspect not only provides a steady revenue stream but also further integrates the hotel into the fabric of the local community.
In summary, the Mulga Creek Hotel is a unique and profitable business opportunity, offering a diverse range of income streams, a central role within the local community, and a chance to own a piece ofByrocks history.
- Multifaceted property offering hotel, motel, caravan park, cabins and camping facilities
- Additional annual income of $50,000 from on-site mail sorting service
- Three motel rooms conveniently attached to the main hotel building
- Additional accommodation options are provided by cabins
- The property serves as the central hub of the town
- Equipped with a commercial kitchen for quality food service
- Recognised as a 'bucket list' destination property
- Inspections are by appointment only
Date updated: 21 Apr 2024 23:00:05
More Information
- Total Purchase Price: $1,100,000
- Net Income: $ 175,323
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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Number of units the manager is authorised to manage.
Number of units resided in by their owners.
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Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
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How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?