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Motel For Sale - Popular Stop-Over Between Sydney & Melbourne For Sale

New South Wales, Australia
Asking Price:
$3,100,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: Colonial Style Motor Inn in popular stopover location.

Star Standard: 3.5 Star

Construction: Two Storey, brick and cladding construction with brick and plasterboard wall partitions. Medium to large well furnished rooms close to town amenities. 100m to licenced club.

Age: 20yrs

Land Area: 4,000 sqm approx.

Tariffs: Single $-------; Double $120-$150; Family $140-$180; Extra Person $20

Chain Affiliation: Yes

Lease: No

Laundry: Two changes of Linen - As New. Guest Laundry.

Restaurant: Licenced Restaurant used for groups and breakfasts only. Only 100 metres walk to RSL Club.

Services: Restaurant, Licenced, Room Service, Air Conditioning / Ceiling Fans, ISD/STD Telephones, Internet Access, BBQ, Parking At Front of Units.

Turnover: $672,--- ----/20 (COVID-19) - $799,--- ----/19 - $826,--- ----/18

Clientele: High occupancy with both business travellers and inbound tourism.

Residence: 2 bedrooms with built-in wardrobes, lounge/dining, share kitchen, bathroom.

Comment: Prime town centre location. 100m to Services Club. Easy access to Hume Highway. Walk to all town facilities. Property has been a managed business since construction. Great potential for owner operator.

MQ Property ID:
-------

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Contact Manenti Quinlan & Associates

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