130 Mayne Street
130 Mayne Street
130 Mayne Street
130 Mayne Street
130 Mayne Street
130 Mayne Street
130 Mayne Street
130 Mayne Street
Hotel/Leisure
retail
ID 90219
Updated
Sold

Ten 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

Location

Agents

Greg Jeloudev

Agent details

Edward Browne

Agent details