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Motel For Sale - Country Music Capital For Sale

New South Wales, Australia
Asking Price:
$1,180,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: Well-positioned motel - handy to city centre in Country Music Capital. Solid construction, neat and well kept. Current owners have done some excellent upgrading and cost saving work.

Star Standard: 3.5 Star

Construction: Single storey brick construction with brick partitions and tile roof. 12 units with good quality appointments spotlessly presented.

Age: 1979

Land Area: Approximately Half an Acre

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

Tariffs: Single / Double $105 - $225; Family of Four $160 - $330; Extra Person $20

Chain Affiliation: Budget

Lease: N/A

Laundry: Heavy Duty Washers (2) & Dryers (2). Sheets Hired. Remainder owned on site. 2+ Changes of Linen in very good condition. Guest laundry service available.

Restaurant: N/A

Services: Reverse cycle split system air conditioning, inground salt pool, covered barbecue area, microwave ovens, parking at front of motel units, fire rated.

Turnover: 17/18$210,010 (owner states); 16/17$209,012; 15/16$231,948 net GST

Occupancy: 48% approx.

Residence: Very roomy two bedroom family residence joins and above reception. Kitchen, large lounge, dining, bath/toilet, large balcony, private yard, double carport, reverse cycle air-conditioning.

Comment: Freehold property of this size is a rare find in this city. Don't Miss Out!

MQ Property ID:

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