Formally the Telegraph Hotel the Bourke Riverside
Motel is now the oldest standing hotel in Bourke.
No longer a pub the Bourke Riverside Motel is set
in more than two acres of beautiful gardens, with
water frontage to the majestic Darling River the
motel is situated in the towns CBD and close to
historic wharf area yet within easy walking distance
of both hotels and clubs.
The Bourke Riverside Motel is a composite of
Bourke's earliest buildings,theTelegraphHotel(1873)
The Australian Joint Bank (1874 ) and Bourke's first
Post office and Telegraph station .The Hotel and its
beautiful dinning room were designed by the famous
colonial architect John Horbury-Hunt ( 1883-1904 )
Superbly restored and refurbished in every respect,
the Bourke Riverside Motel now offers 14 superb
suites which are all minimum 4 star ( AAA rated )
making it one of, if not the best accommodation
houses in Outback NSW.
A real oasis and home for over 500 roses,with many
beautiful flowering trees and shrubs the gardens at
the motel have won numerous awards including
Grand champion District Garden in 2003, 2005, 2006
2007 and now 2009. Also most successful exhibitor at both rose and flower shows within the district.
The hotel has been trading successfully for 135 yrs,
the present owners over the past 10 yrs have built up
a tremendous repeat clientèle of both professional
and tourist trade. Currently trading at just over 90%
occupancy, the motel has an outstanding yearly
occupancy figures of over 80% which relates to
being 100% full every second day!
Financials for this property are outstanding.
Revenue in 2007-2008 was $376,000 Gross with
net profit of $176,000.
Revenue in 2008-2009 was $383,000 Gross
with a net profit of $251,000
Projected revenue for 2009-2010 is Gross $575,00 with a net profit of $366,000. As motels go they don't get any better.
The motel has quality plant and equipment, and
does all laundry in house. All buildings, rooms and grounds in 1st class condition.
With Bourke to become a major tourist destination
with the opening of the Bourke's Exhibition Centre
in early 2009 this property has everything going for
it and there is plenty of room for expansion.
Contact details:
John and Sipha Hickson
Web site www.bourkeriversidemotel.com
email bourkeriverside@ozemail.com.au
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Photographs:
Historic photos 12
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