El Sierra Motel Information Memorandum
JDP Brokers “Bringing It All Together” Real Estate & Business Agents
John De Petro Amit Gupta 0425 829 187 0491 616 144 [email protected] Roberts Estate Agents T/as CRE Brokers [email protected] Agent: 48 Belmont Cres 20 Stewart St Montmorency Berigan VIC 3094 NSW 2712
JDP Brokers 1 0425829187 20 Stewart St Berrigan NSW 2712 [email protected] El Sierra Motel Information Memorandum
Opportunity Overview
JDP Brokers are thrilled to offer for sale El Sierra Motel as a Leasehold Business. The motel was established in the 1970’s and backs onto the famous Cobram Barooga Golf Course in Barooga NSW.
Barooga is a highly sought after holiday destination on the Murray River bordering the Victorian sister town of Cobram.
The motel offers 40 accommodation rooms with varying bedding configurations, two family residences, a 60 seat breakfast room, guest and in house laundry (for towels only).
Amenities include an in ground swimming pool, guest BBQ and tennis court.
The motel features a recently installed 50 kw Solar Panel system that feeds back into the grid.
The freehold land has an approximate land area of 13,800 m2 (1.38 HA)
JDP Brokers 2 0425829187 20 Stewart St Berrigan NSW 2712 [email protected] El Sierra Motel Information Memorandum
Location
Barooga is located in the Riverina region of NSW. It is situated just north of the Murray River which forms the border with Victoria.
The motel is situated within walking distance to the Barooga Sporties, a large and thriving club and just across the road from the famous Cobram Barooga Golf Club, boasting 36 holes.
The Cobram Barooga area is renowned for its magnificent climate and variety of available wineries, attractions and activities. The area is home to some of the most picturesque sections of the Murray River which boast great white sandy swimming beaches.
Located only two and a half hours drive from Melbourne, Barooga is a very popular holiday destination for golfers, water sports and tourists.
JDP Brokers 3 0425829187 20 Stewart St Berrigan NSW 2712 [email protected] El Sierra Motel Information Memorandum
Particulars Particulars
Type Leasehold Business
Construction Brick
Age 40 years
No of Rooms 40
Type of Rooms Number Room Type Bedding
4 Spa 2 x Queen 2 x Queen & Single 4 Kitchenettes Queen & Single 20 Two Room Units Queen, 3 x Singles 2 Three Room Units Queen, 5 x Single 10 Standard Rooms Queen & Single 40
Second Residence 1 Family Sleeps 12
Chain Member Independent
Star Rating 3.5 *
Laundry Arrangements Linen hire, in house laundry for towels only
Owners Accommodation Two Large 3 Bedroom residences
Restaurant Breakfast room with a commercial kitchen
Parking On site bus, boat & guest parking
Staff Owner operator with part time cleaners
Wi Fi Yes
Software Guest Point
Extra Facilities Golf packages
JDP Brokers 4 0425829187 20 Stewart St Berrigan NSW 2712 [email protected] El Sierra Motel Information Memorandum
Financials
Tariffs Number Room Type Indicative Tariffs
4 Spa $135.00 4 Kitchenettes $125.00 20 Two Room Units $175.00 2 Three Room Units $195.00 10 Standard Rooms $115.00 40
Second Residence 1 Family $340.00
Turnover FYE 2018 $754,000
Assessed EBITDA
FYE 2018 $374,000
Trip Advisor
JDP Brokers 5 0425829187 20 Stewart St Berrigan NSW 2712 [email protected] El Sierra Motel Information Memorandum
Gallery
JDP Brokers 6 0425829187 20 Stewart St Berrigan NSW 2712 [email protected]