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Motel Leasehold For Sale - New England Highway - Upper Hunter Valley Area For Sale

Hunter Valley, New South Wales, Australia
Asking Price:
$380,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: Upper Hunter Valley area. Pleasant highway frontage motel - rural setting on acres. 16 units. Solid rendered brick, single level motel. Very good appointments. Spotlessly maintained. Large land area.

Star Standard: 3.5 star

Construction: Single level brick with clip-lock roof and brick wall partitions.

Interior: 16 good medium size units & bathrooms. Very good appointments spotlessly maintained. Current owners continue to upgrade

Residence: Comfortable 2 bedroom residence for couple or small family with option of 3rd bedroom. Joins reception. Wood burning heater plus air-conditioning.

Lease: New 30 Year Lease

Rent: $80,000 + GST per annum and all outgoings

Clientele: Road and rail crews, local workers, passing trade, horse industry.

Land Area: 7,148sqm approx.

Tariffs: Single $109 - $134; Double $124 - $134; Family (4) $135 - $160; Extra Person $15

Chain Affiliation: No

Laundry: Excellent heavy duty commercial equipment. All linen hired. Linen is in very good to new condition. Own 2 changes of linen which are not used and will be left for new owner.

Restaurant: No

Services: Reverse cycle air-conditioning, in-ground pool, Wifi, Foxtel, Netflix, BBQ, microwave ovens, 64 solar panels on roof, bore water, shade cover parking, fire rated.

Turnover: 20/21$313,857; 19/20$276,534; 18/19$247,119

Occupancy: 50% approx.

Comment: Pleasant highway frontage motel in rural setting - Upper Hunter area. Regular repeat trade. Perfect way to get started in the motel industry combined with a great country lifestyle.

MQ Property ID:

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