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Motel For Sale - Single Level Newell Hwy Property - Huge Potential For Sale

New South Wales, Australia
Asking Price:
$900,000 ONO (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: Single level, Newell Highway frontage property with huge potential for improvement. Owners have completed a big upgrade to 3.5 star - immense opportunity.

Star Standard: 3½ star

Construction: Brick with cliplock iron roof and brick partitions. Very sound, no movement. Variation of unit sizes. Good appointments, recently upgraded. New paintwork.

Residence: 2 bedroom, lounge/dining, bathroom, share kitchen, double carport and private yard. Residence joins reception and kitchen.

Age: 1966 - 1972

Clientele: Travellers, reps, passing trade.

Land Area: 1.5 acres

Tariffs: Single $95 - $105; Double $95 - $105; Family (3) $120 - $140; Extra Person $15 - $20

Chain Affiliation: No

Laundry: Heavy duty commercial. Linen all owned. 2 plus changes.

Restaurant: 50 seat, licensed.

Services: Room service, reverse cycle air-conditioning, BBQ, Wifi, parking in front of units, fire rated.

Turnover: 20/21$212,613; 19/20$171,029; 18/19$220,225; 17/18$223,194

Comment: Newell Highway frontage motel with huge potential.

MQ Property ID:

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