Freehold Motel Restaurant & Hostel, Hillston
25 McGee Street, Hillston NSW 2675
$3,700,000
HotelSize: n/a
Block size: 9337 m² approx.
The Hillston Motel, Hostel and Shamrock Restaurant is a full-size multi-income stream operation. It offers up to 5 self-contained accommodation areas for manager/proprietor and staff, in addition to 14 motel guest rooms plus the more recently constructed 56 Hostel rooms including 29 single hostel rooms,14 bunk bedrooms and 13 Aladdin beds. The popular Shamrock Restaurant (seats approximately 80) is a well-presented licensed premises with competitive menus and a reputation for good food.
Hostel guests have a large-scale shared dining, cooking and washing amenities room
in addition to a generous off-street parking area. This is a good modern accommodation offering with a friendly shared atmosphere. Asset values for this offering, easily exceed $2.6M, and maintenance and energy demands are very low indeed. Automated booking systems have also been introduced.
Allow some time for this inspection, there is a lot to see!
Hillston (pop about 1,500) The town is a major grain and fruit producing area located on the banks of the Lachlan River. The town has established itself as a popular stop over point for tourists as well.
Asking: $ EXPRESSIONS OF INTEREST
Attention Investors! Lease back available at $240K p.a. + outgoings & GST
for up to 3 years ( 6.5% net)
Enquiries: Peter Campbell 0412 694 069
Gavin Cappello 0458 684518
Hostel guests have a large-scale shared dining, cooking and washing amenities room
in addition to a generous off-street parking area. This is a good modern accommodation offering with a friendly shared atmosphere. Asset values for this offering, easily exceed $2.6M, and maintenance and energy demands are very low indeed. Automated booking systems have also been introduced.
Allow some time for this inspection, there is a lot to see!
Hillston (pop about 1,500) The town is a major grain and fruit producing area located on the banks of the Lachlan River. The town has established itself as a popular stop over point for tourists as well.
Asking: $ EXPRESSIONS OF INTEREST
Attention Investors! Lease back available at $240K p.a. + outgoings & GST
for up to 3 years ( 6.5% net)
Enquiries: Peter Campbell 0412 694 069
Gavin Cappello 0458 684518
Inspections
No open inspections scheduled.
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Contact Peter Campbell to learn more about this property, request an inspection or take an online tour.
Key details
Garage Spaces:
40
Property type:
Hotel
Block Size:
9337 m²*
Other Details
Maps and area information
Block information
Block size: 9337m² (approx)
No block information available
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Property history
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Hillston suburb information
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SummaryMedian sales
Average Age
38 years
Population
1,547
Listing ID: 182182018. This listing has been viewed 3 times. It was first displayed on 21/12/2023 and last updated on 01/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.