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Motel For Sale - Country Music Capital - Exclusive Agents

New South Wales, Australia
Asking Price:
$4,250,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: Excellent presentation - recently rendered, painted and refurbished. Trade now showing strong growth.

Star Standard: 3.5 Star

Construction: 31 Units - mix of single and double storey, double brick construction with double brick partitions and iron and tile roof. Just rendered and repainted. New guttering and down pipes. Presentation is excellent with plenty of room to expand.

Interior: Large rooms - all just repainted and refurbished over the last three years. Furniture of high standard. All units have new split system air-conditioning, carpet and bedding. Quality styling throughout.

Age: 1980

Land Area: 2,800m2 (Approx.)

Clientele: Reps, tourists, country music visitors, interstate travellers

Tariffs: Single $115 - $125; Double $115 - $140; Family of Four $140 - $160; Extra Person $25
AgQuip & Country Music Festival Rate: $280 - $400

Chain Affiliation: N/A

Laundry: Full Commercial Electrolux Equipment. Sheets Hired - Remainder Owned. 2.5 Changes of Linen in 'as new' condition.

Restaurant: Used as Breakfast Room - Could be Restaurant if desired.

Services: Full commercial kitchen in excellent condition, reverse cycle split system air conditioning, pool, barbecue, microwave ovens, high speed fibre optic wifi, Foxtel, New 30kW solar system, parking at front of motel units, fire rated.

Turnover: 20/21$744,486 ($100,000 down from Country Music Festival Cancellation & AgQuip Cancellation)

Residence: Large, spacious three bedroom family home. Well above average - just repainted and fully refurbished. Own kitchen, lounge, dining, large bathroom, built-in wardrobes in bedrooms, private yard, carport. Very comfortable.

Comment: Motel was purchased three years ago in very run down condition. Owners have done an outstanding job of refurbishing and repositioning this property and trade is showing strong growth.

MQ Property ID:

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