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Motel For Sale - Mid North Coast - Great Presentation - Consistent Performer

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

Description: This motel ticks all the boxes. Located in a beautiful rural area, this is a very stylish motel spread over 2,700m2, with two residences.

Star Standard: 4 star

Construction: 16 units. Two storey brick construction with brick wall partitions and cliplock roof. Very well maintained, nothing out of place. All the hard work has been done.

Interior: Beautifully renovated motel. First class presentation

Two Residences:
Residence 1 Downstairs - 3 bedroom with built-ins, private deck, kitchen, lounge, dining, bathroom. Located off the motel reception area. Very comfortable and easy living.

Residence 2 Upstairs - 2 bedroom with built-ins to one bedroom, private deck, kitchen, lounge, dining toilet and 2 bathrooms. Excellent presentation.

Age: Approx. 1970s

Clientele:
Land Area: 2,700m2

Tariffs: Single $140; Double $140; Family (4) $180; Extra Person $20

Chain Affiliation: No

Laundry: Commercial - for guest use as well. 3 changes of linen in 'as new' condition. Sheets hired - towels owned.

Restaurant: No

Services: Room service - continental breakfast, reverse cycle air-conditioning, BBQ, pool, Wifi, all rooms have tea and coffee making facilities - some with kitchenette and microwave, 4 pet friendly rooms, open courtyard parking in front of units, fire rated.

Turnover: 2021$377,189; 2020$373,958; 2019$286,075

Occupancy: 60%

Comment: Motels like this don't come to the market often - Don't Miss Out!

MQ Property ID: -------

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