Huge Upside and Growth Opportunity with Options - 310ML

UNDER OFFER

32 rooms (2 recently been added)
Option to purchase the investment included in the lease
Includes 4 x 3 bedroom freehold units on a separate title used as serviced apartments / long term stays
Significant function and food area available and incorporated in the oppotumnity currently leased separately with options
The owners have been operating the property under full management
Two bedroom manager’s residence with private courtyard and parking.
Separate self-catering kitchen for guest use.
Reception area
80-seat restaurant
Commercial kitchen
Separate kitchen area was created for self-catering for long term stays or people who prefer not to have an extended period of Hotel Meals at the pub.
Outdoor sports bar
Bottle shop
Onsite laundry
Staff accommodation
Conference/events centre

Annual Rent: $147,597.18 (plus GST) as of March 2024 with annual CPI adjustments

Initial Lease Term: 10 years commenced March 2021

Lease Options: 4 x 10 years (as of March 2025 there are 46 years remaining on the lease)

Net Profit: 2024/25 projected $772,360 (refer financials)

Aurelia Metals’s Federation mine, near Cobar expected to support 140 additional skilled jobs and provide an additional $143M investment boost.

NSW Minister for Natural resources stated 11th September 2024:

Federation will be the newest operating mine in the Cobar region, joining the CSA copper and silver mine, the Peak copper, gold, zinc and lead mine, and Tritton copper mine also in production. A fifth mine, the Endeavor silver, lead and zinc mine, is expected to restart production next year.

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

Property ID: 310ML (quote when enquiring)

Price	UNDER OFFER
Location	Cobar
Property ID	310ML
Category	Motel

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