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2 Motels For Sale - Popular Regional Centre For Sale

New South Wales, Australia
Asking Price:
TWO MOTELS IN ONE LINE $3,200,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Strong regional centre. Two motels to be sold in one line

Star Standard: 3 star

Construction:
15 Unit, partly two storey, concrete block construction with cliplock iron roof and rendered brick partitions - all units refurbished

23 Unit, two storey, brick and tile construction with cliplock iron roof - all units refurbished

Age of Building: 1960s / 70s

Land Area: Approx. 1,347m2 and 1,284m2

Tariffs: Single From $90; Double From $105; Family (4) From $124; Extra Person $20-$25

Turnover: 2018/19$756,039; 2017/18$604,262

Chain Affiliation: No

Laundry: Commercial on Site. Sheets sent out - balance laundered at motel.

Breakfast Room: Breakfast Room to service both properties. No room service

Services: Microwave Ovens available, BBQ Area, Wifi, Fully renovated rooms, on-site parking, fire rated

Occupancy: 60%

Clientele: Corporate, Trade Workers, Weekend Sporting Groups, Tourism

Residence: 2x residences - new owner could use only one and the other could be let as a self-contained apartment.

Comment: Older style motels but stunning presentation. Rooms have been very well furnished. Very comfortable with great value for money. Trade is growing strongly.

MQ Property ID:
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