Accommodation and Tourism
Ref: 5650795


Description: Great little Award Winning motel.  Ideal for couple starting out in the industry.

Star Standard: 3½  star.

Construction: Single level brick and tile with brick wall partitions in good condition. Average size motel rooms of nice appearance.

Residence: Three bedroom with built-in wardrobes, own kitchen, lounge, dining area, bathroom and 2 carports.  Very comfortable open plan residence with outdoor area at rear.  Ideal for family.  Air-conditioned and ceiling fans throughout.  Adjoins reception.

Age: Built 1980

Clientele: Trade Workers, Reps, Interstate Travellers, Tourists

Land Area: 2,000 m2 Approx.

Tariffs: Single $120; Double $140; Family (4) $165; Extra Person $5

Chain Affiliation: N/A

Lease: 18 years. To 2038.  

Rent: $98,400 per annum / $8,200 per month  inclusive of GST

Laundry: Commercial laundry - 1 Dryer & 2 Washing machines.  New linen (2.5 changes) owned and laundered on site.

Restaurant: N/A

Services: Air-conditioned, pool - chlorine - automated, BBQ, parking lot, fire rated.

Turnover: $364,429  12 Months August 2019 to July 2020

Occupancy: 86%

Comment: Quality brick and tile motel in prime location.  Strong mining centre.  Many new improvements.  Strong trade from mining and rail.  Ideal entry level motel - easy to operate.

MQ Property ID:

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Price: Leasehold $588,000
Manenti Quinlan & Associates
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Broker : Ray Larkin
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Mobile: 0407 220... (click to show)
Fax: 02 9745... (click to show)
Suite 101, Level 1, 74-76 Burwood Road
Burwood, NSW, 2134

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