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Motel - Leasehold - Lake Views - Near Dubbo - Profit $2530 Pw For Sale

Sydney, New South Wales, Australia
Asking Price:
$275,000 (AUD)
Sales Revenue:
$257,400 (AUD)
Cash Flow:
$131,560 (AUD)

Leasehold motel with a total area of 4,000 sq.mts. - Comprises 12 large air conditioned en suite rooms equipped with coffee / tea making facilities - fridge - microwave - TV and DVD - 7 x deluxe rooms directly access lakefront park - Owner residence is air conditioned and is 3 bedrooms, large lounge, dining room, kitchen, bathroom and laundry - Adjoins reception area - A guest BBQ, free wifi and DVDs are available - Lunch and dinner are available at nearby hotel on a charge-back basis - Recently renewed 3 star rating.

Potential
Introduce website - Target social media - Upgrade to previous 3.5 star rating.

Features
Marvelous location - Good range of accommodation choices - Well maintained - Keen tariff - Regular customer base including preference by Govt employees - Long established.

Premises
Well maintained full brick units with stand alone reception / owners residence of 3 bedrooms.

Location
Beautifully located fronting large lake at prosperous well established Central West town.

Trading Hours
As required.

Lease
New 5 year lease + 5 + 5 + 5 + 5 year options - C.P I. increases - Bond 3 months.

Employees
2 owners.

Comments

Property Information

Location:

Beautifully located fronting large lake at prosperous well established Central West town.

Business Operation

Expansion Potential:

Introduce website - Target social media - Upgrade to previous 3.5 star rating.

Trading hours:

As required.

Employees:
2 owners.
Years established:
1978

Contact Information

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