MOTEL FOR SALE- PROSPEROUS RURAL CENTRE
Canberra Region, NSWLast asking price $490,000
Sold June 2023
Accommodation
Description: Prosperous rural centre B&B motel in CBD location. First time offered in over 12 years. Immaculately presented property. Very busy family business.
AAA Rating: 3 star
Construction: Two storey brick motel with brick wall partitions and tiled roof on motel and clip-lock roof on residence. Medium sized units. Very good quality appointments. Spotlessly maintained. New flat-screen televisions. Paintwork as new.
Residence: 3 bedroom, 1 with built-ins, lounge/dining, sun room, bathroom, share kitchen, private yard and carport. Very good family residence. Adjoins reception.
Age: Built 1960
Clientele: Reps, local worker trade, local tourism, passing trade.
Land Area: 1/2 acre approx.
Tariffs: Single $70-$2; Double $82 - $84; Family (4) $106; Extra person $12
Chain Affiliation: No
Lease: No
Laundry: Domestic heavy duty. Linen hired.
Restaurant: N/A - Breakfast to units.
Services: Room service breakfast, in-ground pool, BBQ, Austar, fire rated, split air-conditioning.
Turnover: $136,7xxxxx; $85,404 July-Dec 2012
Occupancy: 43% approx.
Comment: Very tidy well-presented motel with excellent family residence. Sudden serious illness has forced long term owners to offer this property to the market. Excellent entry level business.
MQ Property ID:
845240
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