MOTEL FOR SALE NORTHERN RIVERS NSW

17 days ago

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Internal Ref: 14878

Summary

Description: Northern Rivers NSW regional service centre. Well-presented highway frontage property. Ideally suited for couple to operate. Varied mix of trade year round. Well presented. Property...

About the Business

Description: Northern Rivers NSW regional service centre. Well-presented highway frontage property. Ideally suited for couple to operate. Varied mix of trade year round. Well presented. Property includes 23 coaster bus.

AAA Rating: 3 star

Construction: 10 units + 2 rentals. Single storey brick construction with cliplock iron roof and brick wall partitions. Solid brick construction in good condition. Good medium size units & bathrooms - well appointed.

Residence: Two bedroom with built-ins. Open plan lounge, dining, bath / toilet, balcony, own kitchen. New attractive residence. Joins reception.

Age: Built 1969 - 1988 approx.

Clientele: Mix of workers, passing trade, tour groups run by current owners. Two units let out as permanent rentals.

Land Area: 1,840sqm approx.

Tariffs: Single $69 - $85; Double $89 - $99; Family (4) $109 - $129; Extra Person $20. 2 Rentals (1) $350 week; (2) $300 week

Chain Affiliation: Yes

Laundry: Domestic. Sheets & Slips hired remainder done on site.

Restaurant: 20 seat.

Services: 2 reverse cycle split system air-conditioners - 8 (cool only) plus fans, gas BBQ, wifi, in-ground pool, fire rated.

Lease: No

Turnover: 15/16 $261,505; 2014/2015 $256,000 - 2013/2014 $242,000 net GST

Comment: Highway frontage motel on acres. Pleasant rural setting close to Northern Rivers City with excellent schools etc.


MQ Property ID:
2484589


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