Newly modernised motel offers fantastic opportunity to increase turnover. Strong growth regional service centre.
Star Standard: 3.5 star self-rated
Construction: Two storey brick construction with cliplock roof and brick partitions in good condition. Has just been completely repainted - looks fantastic.
Interior: 37 units have had complete renovation with kitchenettes added.
Residence: Comfortable one bedroom manager's residence with own kitchen, carport and private yard. Can link with unit 37 for extra bedroom.
Age: Built approx. 1960
Land Area: 3,300 square metres approx.
Tariffs: Single/Double $105-$145; Family (4) $145-$220; Extra Person $10
Turnover: 20/21$570,030 (through construction) - Budget for 21/22 Year $900,000 Plus
Lease Term: New 30 Year Lease
Rent: $195,000 Per Annum Negotiable
Laundry: Full commercial laundry. Sheets hired - remainder owned on site.
Restaurant: 50 seat (closed), licenced.
Services: Split system air-conditioning; all units have kitchenettes; Foxtel; Wifi; ample parking in front of building; fire rated
Clientele: Trade workers, travellers, hospital, tourists, truckies.
Comment: This area continues to grow and this motel offers an outstanding opportunity
MQ Property ID:
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