Business NO.:
3422449
Status:
Active
Price:
LEASEHOLD $90,000
Updated on:
01/09/2025
Business Features:
Visa (Immigration)
Suits those looking to migrate to Australia on a business visa. Read more about owning a business to meet visa requirements
Small Business
Is independently run, locally based, and offers the flexibility to do business the way you want.

MODERN BUILDING WITH LONG TERM LEASE MOTEL/HOTEL – 70HL

Hotel | Business for Sale | Ivanhoe

- 35 years remain on the lease from August 2025.

- Substantial depreciation.

- A local landmark for the area.

- The old hotel burnt down in late 1995 and this one was built in 1996.

- Service centre for the area and has a constant reliable gathering of locals and tourists alike.

- 7 newly refurbished motel rooms. They feature brand new queen beds fitted out with fresh linen, air-conditioning, side tables, lounge and ensuite, to make the stay a bit more like home. From October 2024 the lettable rooms increased to 8 which increased the bottom line.

- Large country style public bar with long timber counter with stools plus other assorted tables and chairs.

- 30 seat restaurant serving modern Australian cuisine.

- Large landscaped outdoor area with covered areas and bench seating.

- The Hotel kitchen is suitably equipped to cater to the hotel clientele with commercial appliances, gas facilities, ample bench space and a walk-in cool room.

- One bedroom residence onsite with ensuite and air conditioning.

- Guests don’t have to go anywhere else to feel right at home.

Adjusted Net Profit: $108,601 for 2024/25 (as provided by vendor)

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 70HL (quote when enquiring)

Property Code: 4972

For more details, please email broker or call agents.


Centralised Administration: 32-34 Lamorna Ave, Beecroft, NSW 2119