Accommodation and Tourism
NSW
Ref: 4824205

MOTEL LEASEHOLD FOR SALE - GREAT STARTER - STRONG NORTH-WEST RURAL TOWN

Description: Well presented motel within two minutes walk of Town Centre.  Stroll to the local club and shops.

Star Standard: 3.5 star

Construction: 13 units. Single storey double brick construction with colorbond roof and brick wall partitions. Very sound and well presented.  Solid structure in great condition.

Interior Description:  Larger sized rooms with comfortable interior.  Appointments of good quality, clean and well maintained.

Age: Built 1992 approx.

Clientele: Reps, trade workers, interstate travellers, tourists
    
Land Area: 1,400m2

Tariffs: Single $120; Double $130; Twin $145; Family (4) $160; Extra Person $10

Chain Affiliation: N/A

Lease: 3 Years + 2 x 5

Rent: $11,490 per month

Laundry: Commercial equipment - 2 washers & 1 Dryer.  Linen is owned except sheets hired.  Two plus changes of linen in good condition.  Guests have access to main laundry.

Restaurant: No

Services:  Room service breakfast only, split system reverse cycle air-conditioners, electric blankets, microwave ovens in all units, undercover gas BBQ, inground salt pool, parking in open courtyard, fire rated.

Turnover: 18/19  $276,704  - 17/18  $282,023  - 16/17  $248,231 (Excluding GST)

Occupancy: 61%

Residence: 2 bedroom with built-in wardrobes. Lounge/dining, bathroom, toilet. Roomy modern style – joins reception.

Strong North West rural town.  Very strong mining community.  Good sized rooms on one level.  A low maintenance, well run business.  Great Starter

MQ Property ID:
4824205


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Price: LEASEHOLD FOR SALE $260,000
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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