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 Barooga Golf Course in Barooga NSW.

Barooga is a highly sought after holiday destination on the 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 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 region of NSW. It is situated just north of the Murray River which forms the border with .

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 , 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]