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High-performing, newly-renovated motel located in the heart of Parkes

PARKES, NSW, NSW

MotelSoldResort Brokers
High-performing, newly-renovated motel located in the heart of Parkes

Description

High-performing, newly-renovated motel located in the heart of Parkes Don't miss this opportunity to own the Freehold of this newly-renovated, high-performing and immaculately presented 24-room motel located in the heart of Parkes, NSW. With the motel recently undergone major refurbishment of the 24 rooms and reception over the past two years, including but not limited to new cabinetry, paint, carpets, window furnishings, beds, furniture and appliances. All the hard work is done! Freehold motels of this calibre are rare in booming towns like Parkes so don't miss out on this unique opportunity and contact Chris today for further information. Ideally located in the centre of Parkes Multiple night stays resulting in low operational costs Consistent performer - high occupancy 64 solar panels installed to minimise operational costs Comfortable two-bedroom owner’s residence located adjacent to reception A good variety of room types to cater to a wide market mix Easy to manage - no restaurant, pool or gardens All 24 rooms and reception refurbished to a high standard. Nothing more to spend 2023 projected turnover $1,037,912 with an expected Net profit of $736,917 Property inspections are by appointment only

Financials

Asking price
$5,600,000
Net profit
$736,917
Revenue
Profit multiple
7.60x
Revenue multiple
Meets criteria

Agent

Chris Kelly

First seen: 13/06/2026
Last seen: 14/06/2026