White Cliffs, New South Wales 2836
White Cliffs Underground Motel White Cliffs, NSWThis may be the only chance you'll ever get to buy one of the most unusual businesses in Australia.
The White Cliffs Underground Motel is exactly that a motel that is predominantly located underground, in the far western opal mining town of White Cliffs. In fact, most of the town live in underground homes called dugouts, enjoying a constant 22 degrees Celsius temperature all year round. The surrounding landscape is stunning and the sunsets and sunrises seen from the top of the hill draw people from far and wide.
White Cliffs offers an authentic Outback experience and there is always plenty to do. Nature lovers will love the nearby Mutawintji and Paroo-Darling National Parks; history buffs will head to the Pioneer Cemetery, to learn about the town's early history, and the adventurous may take a 4WD opal field tour. It is also home to the popular annual White Cliffs Music Festival.
The motel established for over 20 years - comprises 31 underground rooms and two above-ground rooms, offering a unique destination for visitors who come to experience underground living, the outback and opal mining.
The current owners bought the business 10 years ago after staying at the motel as a guest! The business has performed well over this period, showing a consistent growth in turnover of 10% each year. Group tours account for approximately 50% of the occupancy and these are booked up to 18 months in advance, thereby underpinning the financial sustainability of the business.
Boasting a tranquillity that ensures a relaxed and peaceful stay, the complex includes a 75-seat restaurant/bar; a fully-equipped commercial kitchen; conference room; a history and culture centre; swimming pool; games room; observation deck for star-gazing; staff quarters, and a three-bedroom owner's/manager's residence. The front of house was fully renovated early in 2012, and the complex has been painted and carpeted in the last two years.
The owners are keen to move on to their next adventure so this unique business is offered for sale to a purchaser seeking an outback experience that offers a 20-25% return on investment while allowing a sense of space and freedom that would be the envy of many.
Business SnapshotPrice: $1.2 MillionTrial: no
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This listing last updated: 8th Oct 2016