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Motel For Sale - 1.5 Hrs From Sydney Cbd - Great Location For Sale

Sydney CBD, New South Wales, Australia
Asking Price:
$2,600,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Only 1.5 hours from Sydney CBD. Perfectly located close to major tourist attractions

Star Standard: 3.5 star

Construction: 15 units - Two storey brick construction with colorbond roof and brick and gyprock wall partitions. Very well maintained and presented. A real character property.

Interior: Medium to large units. High quality furnishings. Excellent mix of spa suites, family rooms and queen singles.

Age of Building: Approx. 50 Years (1966)

Land Area: 1,204m2

Tariffs: Single & Double $135-$270; Family (4) $195-$270; Extra Person $30

Turnover: 2020/21$343,777; 2019/20$323,868 (COVID-19 Year); 2018/19$335,658

Chain Affiliation: No

Laundry: One washer and dryer. Sheets and slips hired. Towels owned and laundered on site - 2 changes of linen in 'as new' condition

Restaurant: No

Services: Reverse cycle air-conditioning, wireless internet, semi-commercial breakfast kitchen, parking in front of units, fire rated.

Occupancy: 65%

Clientele: Tourists, Short Break Clients, Local Function Trade

Residence: Two bedrooms with built-in wardrobes, small kitchenette, share motel kitchen, open plan lounge / dining, bathroom with spa bath, carport. Fully air-conditioned, heating, carpet on floors. Direct access to motel reception. Suit couple or small family.

Comment: Inspection of this property is highly recommended.

MQ Property ID:
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