Reference No: 4233145

Accommodation and Tourism

Price: $525,000


Description: Fully refurbished, well built and maintained. Currently owner operated as lifestyle business.  A little TLC could make this a tidy little operation filled with character.  Improvements to marketing would improve trade.

Star Standard: 3.5 star

Construction: Brick single storey with brick partitions and tile roof.  8 Units and 1 x 2 Bedroom Cottage.  Various sizes and configuration.  All units have microwave ovens and cottage has full cooking facilities.

Age: Unknown

Clientele: Workers, Tradies, Passing Trade

Tariffs: Single $75- $90; Double $75-$90; Family $150; Extra Person $10

Chain Affiliation: No

Lease: No

Laundry: Light Commercial - Linen laundered on site.  2 Plus changes of linen in excellent condition.

Restaurant: No

Services: Continental breakfast, reverse cycle air conditioning, microwave ovens in units, full cooking facilities in cottage, parking outside units, barbecue, fire rated.

Turnover: 2018/19  $92,224;   2017/18  $80,995;   2016/17   $87,097;   2015/16   $86,645

Residence: 3 bedrooms, share kitchen, lounge, dining, laundry, linen store, private yard. Built 105 years ago as a doctor's residence.  Very well built with plenty of character.

Comment: Plenty of room to grow this business.  Genuine vendors ready to retire.  All reasonable offers considered.

MQ Property ID:

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Price: $525,000
Manenti Quinlan & Associates
Suite 101, Level 1, 74-76 Burwood Road
Burwood, NSW, 2134

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Contact: Ray Larkin
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