Jerilderie Motel & Caravan Park is a freehold going concern delivering an adjusted net profit of $660,928 on turnover of $973,420, representing an impressive 20.7% return on the $3,200,000 asking price.
Set on 2.57 hectares with direct Newell Highway frontage, the property comprises an 8-room motel, 7 self-contained cabins, 40 powered sites and an overflow camping area, all operating under a single licence.
Turnover has grown 83% over two years, driven by strong long-stay contractor demand associated with the South West Renewable Energy Zone's $17 billion infrastructure pipeline, with occupancy now at 70% across the accommodation offering.
The fully refurbished motel requires minimal immediate capital expenditure, while older-style cabins provide an opportunity to progressively upgrade and increase rates. Further upside exists through activating online bookings and OTA channels, while the substantial landholding provides scope to enhance or expand the accommodation offering.
Supported by a refurbished four-bedroom owner's residence, established contractor and touring trade, and a hands-on operating model, this is a proven freehold operation offering strong returns, multiple revenue streams and genuine future growth potential.
Contact ResortBrokers today to arrange your confidential inspection.
Interested? Why not give Annalise Grinter a call on 0408 000 556 or annalise@resortbrokers.com.au
Or... call Tristan Mears on 0408 236 420 or tristan@resortbrokers.com.au