MULTIPLE INCOME STREAMS PLUS RESIDENCE FOR A BARGAIN PRICE
BUSINESS HIGHLIGHTS:
- This is an outstanding opportunity that won’t last long at this price!
- For less than the cost of a Sydney residence, you can have your own Home, Business, Bar and Restaurant
- The Alpha Hotel Motel AND the adjacent historic Criterion Hotel are for sale and negotiable
- Buy one or ask for a great deal for both!
- With huge Mining projects planned to open in the region over the next 12 to 18 months, this investment is packed with potential
- The package could be further developed into a hospitality venue that not only services the locals, but also the many thousands of tourists that visit the region yearly
- Now the owner is retiring, The Alpha Hotel Motel and The Criterion Hotel are ready for you to bring new energy and take them to the next level
Alpha Hotel Motel – WIWO Freehold – $1.39M
- Family run business for 18 years on a huge 3200sqm block
- Main Street location opposite the Train Station
- Solid performer with Multiple Income Streams including Public Bar, Gaming, Accommodation, and Bottle Shop
- 10 large, detached Motel Rooms with ensuites and undercover parking – Large parking area for vehicles with trailers or trucks
- Strong accommodation levels all year from regular accounts, including mining personnel, government clients and Main Roads staff
- Booked out during huge town events like the Alpha Race Day, camp drafts, show day and rodeos
- Large Bistro dining area seats 40; Public Bar seats 20; outdoor beer garden seats 20
- Bar and Bistro currently open for dinner only – great opportunity to add breakfast and lunch service
- Monthly Night Club – HUGE Sunday session during footy season – Small boutique bottle shop
- 2-bedroom Residence and Office – Overnight camping for Self-contained Caravans and RVs
- Separate Gaming Room with 4 x EGM Licences – Value of up to $133K each
- Huge 100 panel solar PV system approx. 38kw – Massive savings on power bills
- New 3 x 7kw Fujitsu split A/C system in front bar, gaming room and Bistro
The Criterion Hotel – WIWO Freehold – $690K
One of Australia’s last 2-storey wooden pubs – Reopening in 3 stages by year’s end – Stage 1 Café opening soon.
- 10 x budget hotel rooms – Share bathrooms and toilets
- Newly renovated ladies bathroom/toilet
- 13 x new Fujitsu 2.5kw splits in all rooms
- New 6kw solar PV system with WIFI monitoring
- 3-room manager’s residence
- Huge triple block (over 2000sqm)
- Possible motel rooms expansion STCA
Be quick – as the price will increase once the mining news is formally released!
