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B&B Motel Leasehold - Long 30 Year Lease - Spacious Design With Quality Appointments For Sale

New South Wales, Australia
Asking Price:
Leasehold $450,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

B&B Motel property. Long new 30 year leasehold. All ground floor units. Large spacious design with quality appointments. Town centre location. Suit couple to operate. Plenty of growth left in this business.

Rating: 3.5 star

Construction: 17 units. Single storey brick construction with colorbond roof and brick wall partitions. Modern and in 'as new' condition. Medium to large units, including 2 x 2BR family units, in excellent condition, including bathrooms. Quality appointments. Includes disabled unit.

Residence: 3 bedroom (one with ensuite) with built-in wardrobes. Lounge/dining, bath/toilet, undercover entertainment area, private yard, double garage. Excellent family residence - joins reception.

Age: Built 1988 approx.

Land Area: 2,728 square metres approx.

Tariffs: Single $88; Double $98; Family of 4$125-$135; Extra Person $10

Chain Affiliation: N/A

Lease Expires: New 30 Year Lease

Rent: $60,000 per annum plus GST

Turnover: $290,000 (Waiting on Figures)

Laundry: Domestic - shared with guests. All linen hired.

Restaurant: N/A

Services: Room service (breakfast), split system reverse cycle air-conditioning, gas barbecue in covered area, in-ground salt pool, parking outside units, fire rated.

Occupancy: 56% approx.

Comment: Modern style single level motel in attractive grounds on junction of 2 busy highways.

Clientele: Reps, agricultural workers, tradies, tourists, passing trade.

MQ Property ID:

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