An outstanding opportunity to secure the Boggabri Motel, a modernised freehold going concern delivering an attractive 14% return on investment. Underpinned by established corporate demand from mine workers, contractors and business travellers, the motel benefits from Boggabri’s significant mining and agricultural industries, including major cotton producers and nearby coal mining operations. Average guest stays of approximately four nights support consistent trade while reducing room turnover and housekeeping requirements. Spacious, well-equipped rooms with generously sized fridges further cater to the practical needs of extended-stay corporate guests, providing a solid foundation for ongoing accommodation demand.
A comprehensive $350,000 renovation program completed over four years has upgraded guest rooms, introduced keyless entry, modernised commercial laundry facilities and installed a 30 kW solar system, complemented by security cameras and sensor floodlights. Guest satisfaction is reflected in an impressive 9.3/10 Booking.com rating from 114 verified reviews. Ideally suited to a hands-on owner-operator or couple, the motel features a comfortable two-bedroom, one-bathroom owner's residence adjoining reception, complete with a recently installed kitchen. With significant capital improvements already completed, established corporate trade and scope to grow occupancy through targeted marketing and rate optimisation, Boggabri Motel presents an appealing opportunity to secure immediate income with further growth potential.
Interested? Why not give Tristan Mears a call on 0408 236 420 or tristan@resortbrokers.com.au
Or... call Joshua Roberts on 0439 654 464 or joshua@resortbrokers.com.au