Freehold Motel – Coonabarabran, NSW
Motel
ActiveHospitality & TourismNew South WalesB2C
Asking price
$4,400,000
Disclosed · AUD
Revenue (est.)
~$2,016,738
Estimated · comparable listings of this type and size
Net Profit
$486,639
Implied multiple
n/a
Price includes the property
Brief
- Freehold going concern motel in Coonabarabran, NSW, positioned on the Newell Highway
- Benefits from year-round demand drivers: highway traffic, corporate trade and tourism
- Diverse clientele including corporate travellers, truck drivers, government workers, tradespeople and grey nomad tourists
- Located in Australia's Astronomy Capital near Warrumbungle National Park, Dark Sky Park and Siding Spring Observatory
- 30 spacious ground-floor rooms with pool and barbecue area
- Partial renovations completed with clear upside to complete the remaining refurbishment and reposition the business
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