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Building and room upgrades already completed and high occupancy rates

Marketplace / Motels / NSW / Building and room upgrades already completed and high occupancy rates

The Highway Inn Motel in Hay NSW has had all rooms upgraded with new bathrooms, new carpets, freshly painted and 126 solar panels installed to minimise new owners costs for years to come. Featuring 17 rooms of a variety of sizes, in-ground swimming pool, large manager's residence with additional vacant land to further develop. Over the last three years the average net profit of $315,436pa makes this a desirable property to all buyers with a selling price of $2,500,000 with a yield of 12.6% with all major works already completed reducing operating costs for years to come.

The numbers.

$306,840
Net profit
Asking $2,500,000
0

Hay.

Run the numbers yourself.

Same model our brokers use to appraise. Adjust net profit, multiplier, real-estate component. The result is indicative — independent appraisal available on request.

Request Appraisal
Net profit (manager)
$478,000
Multiplier (×)
5.2×
Real estate (manager unit)
$0
Indicative total
$2,485,600

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