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Strategically located 106 room accommodation village close to perth | Resort Brokers ID : FH008505
$9,150,000
Motel (Freehold) hospitality, Dandaragan WA
ResortBrokers is proud to present Dandaragan Redgum Village, a well-developed Accommodation Village with 106 ensuited rooms, located an easy 160km drive north of the Perth CBD. The Village's strategic location, so close to the Perth metro area, allows staff to drive-in and drive-out, ensuring operational efficiency for the Business owners.
The Village provides meals and accommodation for corporate clients servicing the nearby wind farms, gas fields and mine sites around Dandaragan. There are several existing and future projects in the immediate area, and the largest cluster of wind farms in WA is in thenorth country zone around Dandaragan. Additionally, there are surrounding mines developed by Tronox Limited, Iluka, and Simcoa meaning there is a steady demand for worker accommodation in the area.
The Village boasts an in-house restaurant and kitchen facilities exclusively for guests, providing a unique selling point and a significant draw for repeat corporate clients.
The property is being sold as a freehold going concern, and a wage allocation has been made for operational management of the site. The management of the Business is currently undertaken by the owners, however we have allowed a replacement salary for the owners in our Net Profit calculations. The current owners, who have held the property for over 24 years, have significantly reinvested in developing the Village.
The Village's strategic location, only one and a half hours north of Perth, allows staff to drive-inand drive-out, ensuring operational efficiency.
- Fully developed asset with 106 ensuited rooms
- Exclusive in-house restaurant and kitchen facilities for guests
- Strategically located near windfarms, gas fields and mine sites, ensuring a steady stream of corporate clients
- Conveniently situated just 160km north of Perth, facilitating easy staff commute
- Significant reinvestment by owners into the development of the village
- Unique freehold going concern opportunity with limited direct competition
- Inspections by appointment only
Date updated: 21 Jan 2025 22:00:02
More Information
- Total Purchase Price: $9,150,000
- Net Income: $ 2,759,132
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?