Accommodation and Tourism
NSW
Ref: 5277309

MOTEL FOR SALE - HUNTER VALLEY - AS NEW

Description: Hunter Valley Near New Motel. 4-star B&B property adjacent to restaurant/bistro. High quality brick & tile building. Fifteen (15) Large well-appointed units. Modern inspection. Growth location under 2 hours from Sydney. Great buy. Easy business to operate.

Star Standard: 3.5 star

Construction: Two storey brick with Colorbond roof and brick wall partitions. As new condition.

Residence: 2 bedrooms with built-ins, lounge, bathroom. Modern very comfortable suit couple or small family – reverse cycle air-conditioning

Clientele: Trade workers, tourists, reps, miners.

Tariffs: Single $110 - $145; Double $145 - $199; Special Events Extra $10 Plus; Extra Person $25

Chain Affiliation: No

Lease: No

Laundry: Domestic equipment. Sheets hired - remainder owned / on site.

Restaurant: Breakfast & Conference Room

Services: Room service breakfast, reverse cycle air-conditioning, D/Dial Telephones, in-ground pool, BBQ, fire rated.

Turnover: 2018/2019  $360,049     -     2017/2018  $313,453

Occupancy: 55% approx.

Comment: As new motel in quiet location. Turnover shows strong consistent trade each year.  Hunter Valley is growing strongly and will only increase in visitor numbers and value over the coming years. Very easy care property.


MQ Property ID:
5277309


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Price: $2,050,000
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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