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Motel For Sale - Major Regional Service City For Sale

Goulburn, New South Wales, Australia
Asking Price:
$5,200,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: Centrally located in Goulburn CBD 2 hours from Sydney. Easy walking distance to all amenities including shops, cafes, restaurants, park etc. Large B&B only. Property currently fully managed business.

Land size 3,396m2.

Great potential for further development with over 2000m2 vacant land in B3 Commercial Core zoning.

Star Standard: 3 star

Construction: 46 units. Three level brick and concrete construction with iron roof and brick wall partitions. Guest House style. Good Variation in unit sizes, all with high ceiling and ensuites. Well furnished. Well presented. Almost completely refurbished throughout.

Residence: 1 bedroom, with Lounge / Dining Area, 2 bathrooms. Suit couple. Part of main building.

Clientele: Reps and corp, local trade workers, group trade, sporting groups, passing trade.

Tariffs: Single $75 - $99; Double $80 - $110; Twin $95 - $109; Queen $95 - 110; Family (4) $150

Laundry: Heavy duty domestic equipment. All owned – sheets sent out. 2+ changes.

Restaurant: Guest Lounge

Services: Room service, reverse cycle air conditioning, microwave ovens, BBQ, storage room, fire rated.

Turnover: 2019/20$760,212; 2018/19$935,770

Comment: Strong year round trade. Well positioned in a regional service city. The building is terrace house design and has excellent character. Very popular with workers & reps.

MQ Property ID:
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