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Sydney Accommodation Hotel & Function Centre For Sale

Sydney, New South Wales, Australia
Asking Price:
For Sale by Negotiation (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: Quality corporate motel in growth region. Rarely does a property of this standard with excellent convention facilities become available in the Sydney Area.

Star Standard: 3.5 Star

Construction: Three level rendered brick construction with tile roof. Forty units plus two apartments (Total 42). The property has a very modern appearance and quality street appeal. The motel was refurbished approximately 6.5 years ago.

Interior: Rooms are medium to large in size (approximately 32m2) with average size bathrooms.

Parking: Parking is on the ground level with 36 spaces in total. Sixty percent of the parking is under cover.

Clientele: Corporate, Functions/Conferences, International Visitors, Interstate Travellers

Land Area: 3,047 sqm approx.

Tariffs: Single $149 to $300; Double $159 to $340; Family (4) $180 to $440

Chain Affiliation: No

Occupancy: 55%

Restaurant: Licensed Restaurant & Bar Seats 80

Facilities: 2 x function rooms; 1 x boardroom; 1 x small meeting room / business centre; inground pool; parking; wifi/Foxtel; reverse cycle air-conditioning; Fire Rated.

Turnover: 18/19$1,300,000

Comment: Purchase with confidence knowing that you will have a robust business into the foreseeable future. Strong potential for an incoming owner with strong management and marketing skills.

MQ Property ID:

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