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Motel For Sale - Busy Central West Nsw For Sale

New South Wales, Australia
Asking Price:
$1,020,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: Busy Central Western NSW Motel on large land. Quiet but with good highway exposure. Property has just been up-graded. New bathrooms and fitout.

Star Standard: 3.5 star

Construction: 18 units. Single level brick construction with tile roof and brick wall partitions. Generous size rooms, spotless presentation with good quality appointments. Very functional. All new bathrooms plus units have been up-graded. New solar panels on roof.

Age: Built 1982 - 1986 approx.

Clientele: Rural workers, travellers, tourists, reps, passing trade.

Land Area: 4.5 acres

Tariffs: Single/Double $105 - $125; Family (4) $135-$155; Extra Person $11-$25

Chain Affiliation: No

Lease: No

Laundry: Full commercial with excellent equipment. All linen owned and laundered on site. 3 changes in very good condition.

Restaurant: 40 seat (closed) - Breakfast Room Only

Services: Room service breakfast only, split system reverse cycle air conditioning, microwave ovens, gas BBQ, in-ground pool, wifi, parking in front of units, fire rated.

Turnover: 19/20$195,723.85 (COVID Affected - Closed for 10 Weeks April & May 2020); 18/19$276,278 inclusive of GST

Occupancy: 35% approx.

Residence: 3 bedrooms with built-in robes, lounge/dining, bathroom, toilet, private yard, double lock-up garage. Very spacious and convenient family residence – joins reception.

Comment: A “big” 18 unit motel on large land area with attractive native trees. Quiet but good highway exposure. There is a courtesy bus to Services Club 7 nights a week. Great opportunity to improve.

MQ Property ID:

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