The NSW town 114 kilometres south of Canberra is a long-established and popular gateway to the Snowy Mountains, as well as a convenient overnight stop for travellers heading to or from the Alps.
These advantages have put the spotlight on the Cooma Motor Lodge, a substantial 43-room freehold motel that has come to market for the first time in 40 years.
The motel enjoys strong demand from the corporate, business, regional and leisure markets, with occupancy increasing further during the ski season.
The solid double-brick complex, which includes a two-bedroom owner’s residence, sits on a generous site of more than 3800 square metres.
Recent upgrades include smart televisions, enhanced internet connectivity and an electric vehicle charging station. A conference room and former restaurant space also offer future potential to increase income.
Sarah Hutchins of ResortBrokers says the motel represents a rare chance to secure a freehold property in the Snowy Monaro region.
“People who buy here tend to hang onto their properties for a long time,” she says. “The lodge presents a turnkey platform with clear growth opportunities through options such as dynamic pricing strategies, increased weekend trade and higher occupancy beyond traditional peak periods.”
Average net profit has exceeded $748,000 in each of the past three financial years.
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