Castlereagh Motor Inn – Established Freehold Motel with DA for another 10 rooms

Description

Positioned just off the Newell Highway in the regional centre of Gilgandra, the Castlereagh Motor Inn presents a strong freehold going concern motel opportunity with a substantial landholding. Set on approximately five acres, the motel features 18 ground-floor guest units with a DA in place for another 10 units situated in a quiet park-like setting only minutes from the town centre while benefiting from steady highway traveller demand. The motel is showing a projected net profit of $506,488 this current financial year and is being sold for $4.22m. The motel offers a mix of queen, twin, family and two-bedroom units, all equipped with air-conditioning, Wi-Fi, flat-screen TVs and kitchenette facilities. Guest amenities include a swimming pool, playground, BBQ area and ample parking for trucks, trailers and larger vehicles, appealing to travellers, workers and regional visitors. This established accommodation business presents an excellent owner-operator lifestyle opportunity in Central West NSW, approximately 60 km from Dubbo. **Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights **