Dover Motel 20 Dover St 8 Room Hotel Moree, NSW 2400 $483,980 ($60,497/Room)

20 Dover Street offers a unique opportunity to acquire a well-maintained motel complex in a convenient Moree location. The property comprises eight double-brick studio units, each fully furnished with bedding, cooktops, furniture, and utensils, providing immediate operational capability. Guests benefit from individual air-conditioning in each unit, front and rear car parking, and an undercover outdoor eating area.
The complex includes a communal lounge, kitchen, and laundry facilities, enhancing guest comfort and functionality. Additionally, a two-bedroom manager’s residence is part of the offering, featuring air-conditioning, a disabled-access bathroom, combined lounge/dining/kitchen, and a private deck. Operational efficiency is supported by 18 solar panels, resulting in notably low power costs, alongside reasonable rates and insurance expenses.
Located within walking distance of the Aquatic Centre and train station, the property is well-positioned to attract both short-term and extended-stay guests. This asset is ideal for investors seeking a hospitality property with strong fundamentals and potential for income generation in a regional growth market.