Description: Motel in prosperous rural centre with great Newell Highway exposure.
Star Standard: 3.5 star
Construction: Very sound, good as new condition. Hardiplank construction with colorbond roof and insulated gyprock partitions.
Interior: 16 Units - variation of unit sizes, very good quality appointments - immaculate inspection.
Clientele: Corporate, Representative, Local Rural Workers, Miners, Passing Trade
Tariffs: Single/ Double From $110; Family (4) From $175; Extra Person $20
Turnover: 21/22$353,779; 20/21$344,142; 19/20$320,438; 2018/19$368,560
Chain Affiliation: No
Lease: 22 Years
Rent: $7,922.06 Per Month (inclusive of GST) ($95,064.72 Per Annum)
Occupancy: Approx. 77%
Restaurant: N/A
Laundry: Full commercial equipment. Linen in excellent condition. Owned and laundered on site - except sheets.
Services: Reverse cycle air-conditioning, in-ground pool, Parking, fire rated.
Residence: 3 bedrooms with cupboards, lounge/dining, bath/toilet, store room, balconies, carport. Convenient family residence near reception.
Comment: Excellent opportunity with a well positioned B&B Motel in busy country service centre. Long 22 year lease.
MQ Property ID:
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