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Motel For Sale - Prominent Newell Hwy Location For Sale

New South Wales, Australia
Asking Price:
$550,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: Small freehold B&B motel in prominent Newell Highway location. Quality inspection throughout. Ideal for a couple starting in the motel industry.

Star Standard: 3.5 star

Construction: Double brick single storey units. Colorbond roof and brick partitions. Medium sized units with small to medium bathrooms. Good quality appointments and good paintwork.

Residence: 2 bedrooms, with built-ins, kitchen, lounge/dining, bathroom, shower, 2 toilets, large rumpus room, balcony and carport. Roomy, modern and well kept.

Age: ---------

Clientele: Tourist, passing trade and corporate travellers.

Land Area: 1/2 acre

Tariffs: Single $69- $79; Double $91-$99; Family (4) $135-$145; Extra Person $10-$15

Chain Affiliation: No

Lease: No

Laundry: Two plus changes of Linen in good to new condition, owned and laundered on site.

Restaurant: No

Services: Room service - limited, new reverse cycle air conditioning, 6 microwave ovens, undercover parking, excellent storage areas, fire rated.

Turnover: 2019/20$90,000; 2018/19$132,000; 2018 Calendar Year $139,759; 2017/18 Financial Year $119,082

Comment: Very neat, well maintained motel with highway frontage but quiet accommodation. Good family residence - very little, if any, money to be spent. Present owner wishes to retire.

MQ Property ID:
-------

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