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Freehold motel with 80% average occupancy. - 21 rooms currently in use, with three other rooms used by owner as live-in and storage. - 9 rooms are permanently let with a weekly tariff of $350. - 3 bedroom flat let at $500 p.w. - Other rooms are available nightly for around $75 p.p - Commercial laundry and great kitchen - Colour bond fence surrounds property, with enough parking space for clients at rear of building. - Building could use a paint externally - Owner has a 4 bedroom house for sale next door separate to this transaction let at $500 p.w.
Potential
Motel first opened on Christmas day in 1950 - Needs minor modernisation. - Should commence breakfast. -Add a website and an E tech booking system.
Features
Regular client base. - Accommodates governing authorities and visiting personnel regularly.
Premises
This business has an area of approx..1706 sq.mts.
Location
Great corner location only 3 minutes from town centre and river.
Trading Hours
7 days - 8 a.m.- 5 p.m.
Lease
Freehold
Employees
Owner + 3 casuals on call as required
Comments
Great corner location only 3 minutes from town centre and river.
Motel first opened on Christmas day in 1950 - Needs minor modernisation. - Should commence breakfast. -Add a website and an E tech booking system.
7 days - 8 a.m.- 5 p.m.
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