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Motel Leasehold For Sale - Blue Mountains Location

Blue Mountains, New South Wales, Australia
Asking Price:
Leasehold $820,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Prominent Motel on Highway. Great street presence. Rooms have nice garden outlook or views.

Construction: 25 units - Double storey brick construction with brick partitions and colorbond roof. In very good condition. Rooms are well appointed and in good condition.

Age: 49 Years

Lease: 2016 to 2041

Rent: $173,371 + GST Plus Outgoings (Approx. $30,000 Per Annum)

Land Area: 4,691sqm approx.

Tariffs - From: Queen $118; Twin $118; King $128; Family (4) $168

Chain Affiliation: No

Kitchen: Basic Commercial

Laundry: Linen Hired - Towels laundered on site

Services: Room Service - Continental Breakfast, Air-Conditioning, Barbecue, Outdoor Parking, Fire Rated

Turnover Incl GST: $838,480 (2017/2018) - $690,385 (2018/2019) - $501,089 (2019/2020) - $465,480 (2020/2021)

Clientele: Mix of Corporate, Leisure & Tourist. Very strong weekend escape trade.

Residence: Two Storey, two bedroom residence.

Comment: Very solid brick and tile construction. Prime location to capture passing trade. Has great presentation with strong repeat trade. Will rebound strongly with tourism markets now reopening.

MQ Property ID:

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