Reference No: 5565362

Accommodation and Tourism

Price: $1,600,000


Description: Boutique B&B motel in prime position in busy Snowy Mountains town. This property is quality throughout.

Star Standard: 3½ star.

Construction: Double brick construction. All units are ground floor, residence is two storey. Tile roof, brick partitions, concrete foundations. Good variation of unit sizes. Excellent condition and presentation.

Residence: 3 bedroom with built-ins. Lounge/dining, bathroom, laundry, balcony; plus downstairs lounge, toilet, undercover garage and storage shed; share laundry. Spotlessly maintained. Joins reception.

Age: 1980

Clientele: Strong corp trade, tourists, sports fishermen, ski trade. Year round occupancy.

Land Area: ½ acre. Landscaping and boundary fences renewed.

Tariffs: Single $95- $120; Double $100- $140; Family $130- $185; Extra Person $20

Chain Affiliation: No

Lease: No

Laundry: Commercial equipment. 2 plus changes of linen - owned and laundered on site.

Restaurant: No, room service breakfast.

Services: Reverse cycle air conditioning, central heating, BBQ area, undercover parking, large semi commercial kitchen.

Turnover: July 2016 to March, 2017  $189,248; 15/16 $233.000.

Occupancy: 58% approx.

Comment: Motel delightfully presented with main road exposure. Excellent residence, walk to clubs and restaurants.

MQ Property ID:

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Price: $1,600,000
Manenti Quinlan & Associates
Suite 101, Level 1, 74-76 Burwood Road
Burwood, NSW, 2134

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Contact: Ray Larkin
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