Accommodation and Tourism
NSW
Ref: 5274489

MOTEL FOR SALE - UPPER NORTH SHORE - RARE OPPORTUNITY

Description:  Quality 3.5 Star property in Sydney's affluent Northern Suburbs.  Close to Knox Grammar, Abbotsleigh, St Leos and Barker Colleges.  Also close to Hornsby Hospital.

Star Standard: 3.5 Star - Self-Rated

Construction: Two storey brick tudor style construction with tile roof and brick partitions.  Very well maintained and presented.  No outstanding maintenance required.  Just rendered and refurbished throughout.

Interior:  37 Units - medium to large family rooms.  Very well furnished.  Paintwork is in 'as new' condition.

Age: Approx. 35 Years

Land: Approx. 3,066 m2

Clientele: Corporate, Country Guests, Interstate Travellers, Hospital Trade

Tariffs: Single $120-$149; Double $140-169; Family (4) $189-$220; Extra Person $10-$15

Chain Affiliation: Golden Chain

Restaurant: 80 Seat Plus (Currently Closed)

Licenced:  Yes

Motel Laundry: Commercial

Services: Reverse cycle air-conditioning, restaurant, full commercial kitchen, room service, pool, ISD STD telephones, wireless internet, parking at front of units, fire rated.

Turnover: $997,699 1st July, 2018 to 30th June, 2019

Residence: Small two bedroom Manager's flat at rear of reception.  Built-in wardrobes, lounge, dining, share kitchen. Adjoins reception.  Handy to all facilities.

Comment: Prime unit development site.  Strong repeat trade.  Consistent year round business with limited competition.

MQ Property ID:
5274489


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Price: $13,000,000
Manenti Quinlan & Associates
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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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