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Motel For Sale - Mid North Coast - 10 Acres - Tree Change For Sale

Mid North Coast, New South Wales, Australia
Asking Price:
$2,000,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: 10 Acres only three minutes from town centre.

Star Standard: 3 star

Construction: Single storey brick / rendered with brick partitions and tin roof. Neat and tidy - 20 units

Age: Approx. 25 Years

Clientele: Interstate travellers, workers, sports groups

Land Area: 10 acres.

Tariffs: Single $90; Double $110; Family $150; Extra Person $10 - fold out bed.

Chain Affiliation: N/A

Occupancy: 65% - 70% Approx.

Laundry: Well equipped. All linen hired. Small guest Laundry.

Restaurant: Yes - 30 Seat - Not currently operating

Services: Licenced, Room Service if required, spotless functional Kitchen, Reverse Cycle Air-Conditioning, Pool, Barbecue, Microwave ovens, Full Cooking Facilities in 4 Units, Playground, Parking at front of rooms, parking for boats, trailers and trucks, Wifi, Foxtel, Telephones all rooms, Fire Rated.

Turnover: 2019 Jan to Dec $518,080; 17/18$372,009; 16/17$453,402; 15/16$435,605Residence: 1 bedroom with own kitchen, very large lounge, bathroom, 2 toilets, enclosed yard, 2 single lock-up garages (currently used for garden equipment and tool storage.

Comment: The property is currently a managed business. There is considerable up-side for a family or couple to improve the business. Property does need some TLC.

MQ Property ID:
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