Motel In New South Wales For Sale

Business description

Description: Modern colonial style motel on busy western highway. Strong trade from both rural and mining business. Very solid construction. Will respond well to good owner operators.

AAA Rating: 3½ star

Construction: Single level brick and tile with concrete slab foundations, brick wall partitions and internal brock walls. Generous size units. Well appointed. 1 x 2 bedroom suite.

Residence: 3 bedroom, with ensuite, all with built-ins, lounge/dining, bathroom, private kitchen, yard and carport. Excellent large family residence above reception and restaurant.

Age: Built in 1980 approx.

Clientele: Rural workers, mining workers, passing trade and tourists.

Land Area: 1 acre approx.

Tariffs: Single $80; Double $80; Family (4) $110; Extra Person $15

Chain Affiliation: No

Lease: No

Laundry: Commercial – all linen done onsite. Guest Laundry: Yes.

Restaurant: 50 seat plus bar area.

Services: Room services, in-ground pool, gas BBQ, split air-conditioning, parking at the front of units, fire rated.

Turnover: Was run down by tenant. Will do in excess of $160k this year.

Occupancy: 48% approx.

Comment: Appealing motel. With some TLC and good management this property will be a big winner. 30 mins from Dubbo. Close to new mining operation.

Property information

Real Estate:

Real Property Included