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Description: Immaculate property in one motel town. Town centre location. Strong year round trade.
Star Standard: 3-3½ star
Construction: Single level brick and tile with concrete slab foundations and brick wall partitions. Good variation of unit sizes and configurations. Excellent presentation with appointments of high standards. Spotless inspection.
Age: 1975 - 1993 approx.
Clientele: Local workers, passing trade, reps, corp & tourists.
Land Area: Half Acre
Tariffs: Single $95 - $124; Double $106 - $129; Extra Person $12
Chain Affiliation: No
Lease: 20th February 2044.
Rent $97,726.83 inc GST.
Laundry: Domestic heavy duty equipment. Sheets and slips are hired - remainder owned and laundered on site.
Restaurant: 50 seat (closed)
Services: Restaurant (closed), room service, BBQ, ceiling fans and split system reverse cycle air-conditioners, DD phones, parking in front of units, fire rated.
Turnover: 18/19$393,271; 17/18$401,184; 16/17$388,142; 15/16$383,708; 14/15$412,855
Occupancy: 60% approx.
Residence: 4 bedroom, 3 with built-ins, kitchen, lounge/dining, 2 bathrooms, carport & private yard. Very good size. Joins reception and back office.
Comment: Only motel in New England town. Central location with increasing trade. Delightful inspection.
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