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JLL - Hotels & Hospitality Group

Ten Dollar Town Motel & Larsen’s Restaurant, 130 Mayne Street Gulgong, NSW 2852

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Ten Dollar Town Motel & Larsen’s Restaurant, 130 Mayne Street,
Gulgong, NSW 2852

Hotel, Motel & Leisure • Shops & Retail

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JLL - Hotels & Hospitality Group
Edward Browne
Greg Jeloudev

JLL - Hotels & Hospitality Group

Level 27, 180 George Street
SYDNEY, NSW 2000
JLL - Hotels & Hospitality Group
Ten Dollar Town Motel & Larsen’s Restaurant, 130 Mayne Street
Gulgong, NSW 2852

Map of Ten Dollar Town Motel & Larsen’s Restaurant, 130 Mayne Street

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  • Bus stops within 5 km of Ten Dollar Town Motel & Larsen’s Restaurant, 130 Mayne Street, Gulgong, NSW 2852Distance
    Gulgong Coach Stop, Herbert St295 m
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Ten Dollar Town Motel & Larsen's Restaurant

  • 39-key accommodation venue
  • Expansive landholding of 5,851sqm
  • Excellent local economic drivers
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

Property ID: 504518160Last Updated: 20 Mar 2024

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