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Motel Leasehold For Sale - Outback Nsw

New South Wales, Australia
Asking Price:
$580,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Well presented 23 room motel close to the town centre. Popular with corporate guests and travellers. Very well appointed with a 29 year lease in place. Ticks all the boxes.

Turnover: 2023/24$398,485

Lease Term: 29 Years

Rent: $11,916.66 Per Month inclusive of GST

Occupancy: 46.6%

Star Standard: 3 Star

Construction: 23 room Tudor Style property with real character - great presentation. Iron roof with brick and plaster partitions.

Age of Building: Built 1904

Interior Description/Size: Large spacious rooms - very well presented

Land Area: 3,084m2 (Approx.)

Tariffs: Family Room From $200; Double Queen From $150; Superior Queen From $160; Budget Double From $100; Single with Bath From $130; Budget Twin from $119; Double with Spa From $140

Chain Affiliation: N/A

Restaurant: Breakfast Room Seats 30

Motel Kitchen: Yes - Commercial

Motel Laundry: Yes - Commercial

Guest Laundry: Yes - Coin Operated

Services: Reverse cycle air-conditioning; microwave oven, kettle, etc. in rooms; pool; barbecue; well-maintained garden; wi-fi; open courtyard parking.

Residence: Comfortable 1 bedroom residence with lounge, dining, bathroom and private yard attached to reception.

MQ Property ID:
1P2804