Mid City Motor Lodge, Orange - SOLD

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Contact Agent Date of Sale: June 2023
Rooms: 105
Property Id : 34999
Land Size: 4 m2
HTL Property is delighted to have sold the Mid City Motor Lodge, located heart of Orange CBD.
Key investment considerations include:

Passive Leased Investment

  • Freehold hotel investment in the heart of Orange CBD
  • Secure lease until 31 December 2023 with 4 x 5 year options
  • $317,441 pa in passive rental income with imminent CPI rent review
  • Potential, additional $25k pa income via vacant retail shop
 Substantial Freehold Site with Development Potential
  • Prominent CBD landholding of 4,147 sqm in a prime location
  • DA approved for a 4 story, 105 room hotel with associated facilities
  • Superbly located in the commercial and retail heart of Orange
  • Passive investment underpinned by great long-term value-add

Regional Hub & Top Tourist Destination

  • Orange is a vibrant regional city, capital of the Central West Region
  • 255 kms from Sydney, within a convenient 3.5 hr drive time
  • Consistently a top five destination for regional NSW tourists
  • 4.4 million visitors to the region annually, along with strong population growth
  • Walking distance to the retail, dining and entertainment precinct
 Established & Popular Hotel – Successful Tenant
  • One of the leading accommodation offerings in Orange
  • Comprising 45 well-appointed rooms plus restaurant and retail
  • Experienced tenant, successful business operation

Andrew Jackson

National Director for Accomodation
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