Reference No: 4949640

Accommodation and Tourism
NSW

Price: $550,000

MOTEL FOR SALE - PROMINENT NEWELL HWY LOCATION

Description: Small freehold B&B motel in prominent Newell Highway location. Quality inspection throughout. Ideal for a couple starting in the motel industry.

Star Standard: 3.5 star

Construction: Double brick single storey units.  Colorbond roof and brick partitions. Medium sized units with small to medium bathrooms.  Good quality appointments and good paintwork.

Residence: 2 bedrooms, with built-ins, kitchen, lounge/dining, bathroom, shower, 2 toilets, large rumpus room, balcony and carport. Roomy, modern and well kept.

Age: 1987-1990

Clientele: Tourist, passing trade and corporate travellers.

Land Area: 1/2 acre

Tariffs: Single $69- $79; Double $91-$99; Family (4) $135-$145; Extra Person $10-$15

Chain Affiliation: No

Lease: No

Laundry: Two plus changes of Linen in good to new condition, owned and laundered on site.  

Restaurant: No

Services: Room service - limited, new reverse cycle air conditioning, 6 microwave ovens, undercover parking, excellent storage areas, fire rated.

Turnover: 2019/20  $90,000;  2018/19  $132,000;  2018 Calendar Year   $139,759; 2017/18 Financial Year  $119,082

Comment: Very neat, well maintained motel with highway frontage but quiet accommodation.  Good family residence - very little, if any, money to be spent.  Present owner wishes to retire.

MQ Property ID:
4949640

Facebook
To receive updates via your Facebook newsfeed please www.fa... (click to show)www.fa... (click to show) target="_blank">click here, or visit www.fa... (click to show)www.fa... (click to show) target="_blank">www.fa... (click to show) and like our page.

Twitter
To follow us on Twitter please www.tw... (click to show)www.tw... (click to show) target="_blank">click here or visit www.tw... (click to show)www.tw... (click to show) target="_blank">www.tw... (click to show) />

LinkedIn
To connect on LinkedIn www.li... (click to show)www.li... (click to show) target="_blank">click here or visit www.li... (click to show)www.li... (click to show) target="_blank">http://

www.li... (click to show)
Show More
Price: $550,000
Manenti Quinlan & Associates
Address:
Suite 101, Level 1, 74-76 Burwood Road
Burwood, NSW, 2134

View Website

Contact: Ray Larkin
Call
Email this Agent Complete all fields

Australian enquiry? Yes No
Yes, email me similar opportunities
SUBMIT ENQUIRY