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Motel For Sale - Upper North Shore - Rare Opportunity

Upper North Shore, New South Wales, Australia
Asking Price:
$13,500,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: Quality 3.5 Star property in Sydney's affluent Northern Suburbs. Close to Knox Grammar, Abbotsleigh, St Leos and Barker Colleges. Also close to Hornsby Hospital.

Star Standard: 3.5 Star - Self-Rated

Construction: Two storey brick tudor style construction with tile roof and brick partitions. Very well maintained and presented. No outstanding maintenance required. Just rendered and refurbished throughout.

Interior: 37 Units - medium to large family rooms. Very well furnished. Paintwork is in 'as new' condition.

Age: Approx. 35 Years

Land: Approx. 3,066 m2

Clientele: Corporate, Country Guests, Interstate Travellers, Hospital Trade

Tariffs: Single $120-$149; Double $-------; Family (4) $189-$220; Extra Person $10-$15

Chain Affiliation: Golden Chain

Restaurant: 80 Seat Plus (Currently Closed)

Licenced: Yes

Motel Laundry: Commercial

Services: Reverse cycle air-conditioning, restaurant, full commercial kitchen, room service, pool, ISD STD telephones, wireless internet, parking at front of units, fire rated.

Turnover: $997,699 1st July, 2018 to 30th June, 2019

Residence: Small two bedroom Manager's flat at rear of reception. Built-in wardrobes, lounge, dining, share kitchen. Adjoins reception. Handy to all facilities.

Comment: Prime unit development site. Strong repeat trade. Consistent year round business with limited competition.

MQ Property ID:

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