Hotel/Leisure
retail
ID 90219UpdatedSoldTen Dollar Town Motel & Larsen’s Restaurant
130 Mayne Street
Gulgong, New South Wales, 2852
Please contact us for price
- Size5,851 SQM
Greg Jeloudev
Agent details
Edward Browne
Agent details
- Description
- Building Information
- Location
- Agents
Description
Ten Dollar Town Motel & Larsen's Restaurant
JLL Hotels & Hospitality Group is thrilled to offer for sale the freehold going concern interest in the Ten Dollar Town Motel & Larsen's Restaurant positioned in Gulgong NSW.
Price:
Ten Dollar Town Motel: $7,950,000
Larsen’s Restaurant: $950,000
Investment attributes include:
- High performing 39-key accommodation venue with sound F&B operation
- Opportunity includes two freehold properties comprising the motel and restaurant site
- 2023 occupancy exceeding 92%+
- Modern motel suites - excellent presentation
- The sale will provide vacant possession enabling new branding opportunities
- Excellent local economic drivers comprising infrastructure development, tourism and agriculture
- DA approved for an additional 7 accommodation rooms
- Expansive landholding of 5,851sqm across both motel and restaurant sites
- 2023 Turnover circa $2.7m ex. GST
The Ten Dollar Town Motel & Larsen's Restaurant are offered for sale via Private Treaty.
To receive further information regarding this opportunity, or to book an inspection, please contact the exclusively appointed JLL agents
JLL Hotels & Hospitality Group is thrilled to offer for sale the freehold going concern interest in the Ten Dollar Town Motel & Larsen's Restaurant positioned in Gulgong NSW.
Price:
Ten Dollar Town Motel: $7,950,000
Larsen’s Restaurant: $950,000
Investment attributes include:
- High performing 39-key accommodation venue with sound F&B operation
- Opportunity includes two freehold properties comprising the motel and restaurant site
- 2023 occupancy exceeding 92%+
- Modern motel suites - excellent presentation
- The sale will provide vacant possession enabling new branding opportunities
- Excellent local economic drivers comprising infrastructure development, tourism and agriculture
- DA approved for an additional 7 accommodation rooms
- Expansive landholding of 5,851sqm across both motel and restaurant sites
- 2023 Turnover circa $2.7m ex. GST
The Ten Dollar Town Motel & Larsen's Restaurant are offered for sale via Private Treaty.
To receive further information regarding this opportunity, or to book an inspection, please contact the exclusively appointed JLL agents
Location
Agents
Greg Jeloudev
Agent details
Edward Browne
Agent details