Motel+ Restaurant + Hostel, Hillston

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.
Adjusted Freehold net returns for FY 2024 under management approx $9,000 weekly.
Asking $750,000 for new 30 years term lease base year rental $250,000.
Also available freehold $3.7M