Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Motel - Freehold - Development - Freehold Motel In Cooma Area Netts $5405 P.W. - Snowy Mountains Nsw . For Sale

Sydney, New South Wales, Australia
Asking Price:
$6,000,000 (AUD)
Sales Revenue:
$364,000 (AUD)
Cash Flow:
$338,260 (AUD)

Freehold accommodation complex consisting of 4 x 3 bedroom detached villas, 3 x 2 bedroom detached villas all with garage. -Accommodation in separate building consists of 1 studio apartment, 4 x 2 bedroom apartments and 5 motel units on ground floor, with 2 x 2 bedroom apartments on upper floor - All accommodation is let on a weekly or semi permanent basis with the exception of the 5 motel units which are available for overnight stays. - Villas and apartments have kitchenette and all units have tea/coffee making facilities, microwave oven, fridge, toaster and flat screen TV. - A separate building houses the reception/office, a day room and a 200 seat function room/restaurant, which is not utilised full time at present.

Potential
Major infrastructure works announced for Hydro Electric scheme. -DA and Construction Certificate for upgrade of 11 motel units to self contained units in place. - Plans for 16 lot subdivision with 80m road frontage available. - 5 motel units are being converted to 4 x 2 bedroom apartments to be let on a permanent basis.-Upgrade booking system.

Features
Great position.- Well established. -Steady income from short and long term residents. - Large block suitable for further development.

Premises
Large older style administration block with separate brick villas, apartments and motel units and a total area of 14,000 sq. mts.

Location
Prime position on Highway at entrance to major regional Snowy Mountains town.

Trading Hours
As required.

Lease
Freehold.

Employees
1 owner + 1 Manager + 2 casuals.

Comments

Property Information

Location:

Prime position on Highway at entrance to major regional Snowy Mountains town.

Business Operation

Expansion Potential:

Major infrastructure works announced for Hydro Electric scheme. -DA and Construction Certificate for upgrade of 11 motel units to self contained units in place. - Plans for 16 lot subdivision with 80m road frontage available. - 5 motel units are being converted to 4 x 2 bedroom apartments to be let on a permanent basis.-Upgrade booking system.

Trading hours:

As required.

Employees:
1 owner + 1 Manager + 2 casuals.
Years established:
1970

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to SBX Business Brokers. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here