MOTEL FOR SALE- NEW ENGLAND HIGHWAY FRONTAGE

17 days ago

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Internal Ref: 14878

Summary

Description: Major highway location. Single level brick and tile B&B motel. Outstanding opportunity for family operation. Trading well below industry average. Quality inspection. Town centre...

About the Business

Description: Major highway location. Single level brick and tile B&B motel. Outstanding opportunity for family operation. Trading well below industry average. Quality inspection. Town centre location.

Rating: 3.5 star

Construction: 18 units. Single level brick construction with tile roof and brick wall partitions. Variation of unit sizes includes 1 spa unit & 2x2 b/room units with quality appointments. Spotless inspection.

Residence: 3 bedroom with dining room, large lounge room, bathroom, private yard. Excellent family home, well kept.
Age: Built 1990 approx.

Clientele: Reps and trade workers, interstate travellers, tourists

Land Area: 1/2 acre approx.

Tariffs: Single/Double $99 - $110; Family (4) $145 - $175; Extra Person $15

Chain Affiliation: Yes

Lease: Yes new 30 years. Rent $60,000 per annum including GST

Laundry: Heavy duty domestic. All linen owned and done onsite. 2 changes.

Restaurant: No

Services: Room service breakfast and dinner, reverse cycle air-conditioning – 11 units split system, inground pool, Wifi, solar panels, fire rated.

Turnover: 17/18 $234,702 - 16/17 $219,058 - 15/16 $205,280 - 14/15 $220,469 - 13/14 $213,369

Occupancy: 33% approx.

Comment: An excellent country motel close to Town Centre. New England Highway frontage. Very good residence – faultless inspection – very low maintenance.


MQ Property ID:
3903209


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