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Albury Garden Court Motel, 426 David Street Albury, NSW 2640

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Albury Garden Court Motel, 426 David Street,
Albury, NSW 2640

Hotel, Motel & Leisure

Price information

Sale - Expression of Interest

Freehold Going Concern - POA

Under Contract

Key property information

Floor area

Tenure type

Private inspections

to arrange a private inspection.

Map of Albury Garden Court Motel, 426 David Street

Directions
  • Train stations within 5 km of Albury Garden Court Motel, 426 David Street, Albury, NSW 2640Distance
    Greyhound Bus Stop Albury395 m
    Wodonga Station5 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Albury Garden Court Motel, 426 David Street, Albury, NSW 2640Distance
    Macauley St After Hovell St323 m
    Charles O'Neill House Units Macauly St South Albury NSW329 m
    David St at Dean St389 m
    Dean St David St Albury NSW397 m
    Dean St Before David St466 m
    POWERED BY HERE ©
POWERED BY HERE ©

UNDER CONTRACT - Albury Garden Court Motel, NSW - 1P0429

EXCLUSIVE TO MHB

Rare but true - Genuine offering to the market!

The Albury Garden Court Motel is on offer as a Freehold Going Concern Business with 17 rooms and 3 bedroom apartment.

This central Albury motel is a rare opportunity to enter into the tightly held accommodation sector.

The Albury Garden Court Motel is perfectly positioned close to the heart of the city and is literally just a few minute' s walk to the city centre and all it has to offer with two major licensed clubs, popular restaurants, nightclubs, cinema, fantastic shopping and business precinct.

The motel is also close to the iconic Albury Railway station, famous Botanic Gardens and just a 10 minute drive to the Albury airport making it an ideal location for travellers needing accommodation year round.

Endless opportunity to develop or maintain market share.

A must to inspect for any operator looking to reap the rewards in this vibrant
regional city.

Key Features:

* Blue Chip central Albury location
* Strong and consistent revenue and profitability
* 17 x motel suites with diverse room options plus a 3 bedroom apartment
* 1 x bedroom studio owner accommodation
* Sales revenue in excess of $700K for the 2023 / 2024 financial year
* EBIDTA = $498,299 for the 2023 financial year
* Single level building with 53KW of Solar
* Beautifully redecorated and maintained
* In-ground swimming pool and guest BBQ area
* Land Zoning B, Business - approx. land size 2296m2 - Vertical development
upside

Inspections are strictly by appointment only.

*Expressions of Interest close at 12:00pm, Wednesday the 31st of July 2024.

Contact Dan McDonald at MHB direct to book your inspection.




Additional information

Property ID: 504626420Last Updated: 5 Nov 2024

02606722...
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Albury Garden Court Motel, 426 David Street
Albury, NSW 2640

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