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Motel Leasehold For Sale - Busy Newell Hwy Location - Beautiful Presentation For Sale

New South Wales, Australia
Asking Price:
Leasehold $850,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: Busy Newell Hwy location. B&B only motel in popular town. Set back from the hwy to reduce noise. Well maintained and excellent presentation.

Star Standard: 4 Star

Lease Term: New 30 Year Term

Rent: $210,000 Per Annim

Construction: Brick with colorbond roof. Colonial style construction. Brick & gyprock partitions. Concrete slab floor. Very solid construction - well maintained.

Interior: 20 Units - Large, well-appointed and attractively decorated rooms.

Age: 1984

Land Area: 6,070m2

Tariffs: Single $115 - $220; Twin $115 - $240; Family (4) $150 - $260; Deluxe $175 - $300; Extra Person $20

Turnover: 2018/19$780,137; 2017/18$732,604 (Exclusive of GST)

Occupancy: Approx. 86%

Clientele: Reps, local workers, miners and passing trade.

Laundry: Full commercial on site - not used, all lined hired

Restaurant: N/A - Commercial Kitchen in Residence - Breakfasts Only - Other meals available through Golf Club next door and charged back.

Services: Room service - breakfast only, microwave ovens, reverse cycle air-conditioning, Wifi, Foxtel, pool, barbecue, playground, parking, fire rated.

Residence: 2 bedroom with built-in wardrobes, lounge, dining, bathroom, kitchen. Good residence for couple. Joins reception. Very comfortable, easy living.

Comment: Smart 20 room motel with huge potential. Well-appointed and beautifully decorated. Adjacent to Golf Club. A ' Must See'.

MQ Property ID:

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