Accommodation and Tourism
NSW
Ref: 4270255

LEASEHOLD MOTEL FOR SALE – POPULAR & INCREASINGLY BUSY TOWN

Description: Extremely motivated vendor - perfect opportunity to take advantage of a popular and increasingly busy town.  Currently only running as a B&B.  Enthusiastic purchasers have the chance to increase trade by way of coaches / corporates.  

Star Standard: 3.5 star.

Construction: 26 units. Two storey brick construction with tile roof and brick wall partitions. In very good condition for age with large sized rooms and a number of bedding options.

Residence: 2 bedroom (1 with built-in), lounge/dining, shower/toilet.  Large family style residence atop reception.

Age:  Built 1970s

Clientele: Corporate and Leisure Travellers

Land Area: Approx. 2,500 metres square

Tariffs: Single $95 - $108; Double $95 - $108; Family $150 - $170; Extra Person $20

Chain Affiliation: Country comfort

Laundry: Commercial equipment. Linen hired. Only towels laundered on site.

Restaurant: 50 seats

Services: Licenced, Room service, in-ground pool, Foxtel, air-conditioned, parking in front of rooms, fire rated.

Turnover: $430,000

Lease: New 30 Years Upon Sale

Rent: $10,800 per month inclusive of GST

Comment: Nicely presented with little to do.  Three and a half hours from Sydney.  Poorly operated - this lease offers strong growth potential with a competent operator.  Very good value.

MQ Property ID:
4270255

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Price: Leasehold $360,000
Manenti Quinlan & Associates
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Australian enquiry? Yes No

Broker : Ray Larkin
Phone: 02 9744... (click to show)
Mobile: 0407 220... (click to show)
Fax: 02 9745... (click to show)
Address:
Suite 101, Level 1, 74-76 Burwood Road
Burwood, NSW, 2134


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