Accommodation and Tourism
NSW
Ref: 5191153

SYDNEY ACCOMMODATION HOTEL & FUNCTION CENTRE FOR SALE

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:
5191153

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Price: For Sale by Negotiation
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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