Massive price reduction! High Yield for Owner-Operator - 4 months work per year
With a highly motivated Vendor, ResortBrokers exclusively presents this outstanding opportunity to acquire a 41-key freehold motel in the heart of Berridale, the gateway to the Snowy Mountains.
With a highly motivated Vendor, ResortBrokers exclusively presents this outstanding opportunity to acquire a 41-key freehold motel in the heart of Berridale, the gateway to the Snowy Mountains. Delivering an adjusted FY25 net profit of $509,000 for a hands-on operator and now offered at the aggressively reduced price of $3,400,000, this is an exceptional opportunity to secure a high-performing asset with significant value. Per key price: $82,927 per key (incredibly low per key rate) This business only required you to work 4 short months of the year for a net profit of over $500k. Not to mention the possibility of upside to this net by increasing tariffs. The motel sleeps 220 and is specifically designed to cater to groups and school bookings, setting it apart from other Motel assets in or around the area, and the business has a solid forward holding up to 2030, which is very rare. Contact Tim or Jacqueline now for further information.
- Net profit
- $509K
- Asking price
- $3.4M
- Freehold Going Concern
The business at a glance.
- Net profit of $509,334 per annum with substantial growth potential for hands-on operator
- Forward bookings secured to 2030, underpinned by 90% client rebooking rate and 25 years of established school group programs
- Wide variety of room configurations across the four buildings, sleeping between 3-10 people and dedicated teacher's lounge area
- All 41 motel rooms include ensuite bathroom facility with shower, air-con and central heating
- Separate manager's accommodation with three bedrooms, two bathrooms, updated kitchen, lounge and dining room
- Welcoming reception front counter with back office provide efficient operational space for manager
- Commercial grade kitchen facility and separate snack bar
- Separate ski hire operation generating significant income, capitalising on proximity to major ski resorts and group clientele
- Big range of guest facilities adds to appeal for large groups to utilise for their own functions, carpark can cater up to three buses at one time
- Licenced restaurant, games room, disco & bar, lounge with bar & fireplace, indoor heated pool & sauna, outdoor area with BBQ
- Onsite large guest laundry and multiple drying areas for equipment
- Located within easy reach of major skifields, town centres and recreational tourist activities
- All inspections via appointment only with agents
The asset, the manager unit, the location.
Berridale, NSW
Berridale, NSW
Talk to the brokers.
Enquire about this property
Enquire about this property.
Leave your details and Jacqueline will be in touch about this property.
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 appraisalIndicative total$3,412,538
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