MOTEL FOR SALE- PRIME NEWELL HWY FRONTAGE

17 days ago

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Internal Ref: 14878

Summary

Description: Prime Newell Highway frontage. Small B&B motel. Quality build. Good passing trade. Mining starting in this area.AAA Rating: High 3½ star.Construction: Single level brick &...

About the Business

Description: Prime Newell Highway frontage. Small B&B motel. Quality build. Good passing trade. Mining starting in this area.
AAA Rating: High 3½ star.

Construction: Single level brick & western red cedar with colorbond roof, brick wall partitions and concrete slab foundations. Good medium size units with appointments of high standard. Current owners have done a huge upgrade.

Residence: 3 bedroom with built-ins, lounge/dining,bathroom, share motel kitchen, laundry, double carport and small private yard. Very spacious residence. Adjoins reception.

Age: Built 1988 approx.

Clientele: Passing trade, some workers from new mine in the area (just starting), tourists, reps.

Land Area: 2,000sqm approx.

Tariffs: Single $58; Double $68; Extra Person $11.

Chain Affiliation: No

Lease: No

Laundry: Commercial washers, domestic dryers. All linen owned and done onsite.

Restaurant: No

Services: Room service, BBQ, pool, DD phones, WiFi, fire rated, air conditioning.

Turnover: $141,500

Occupancy: 50% approx.

Comment: Very well presented motel in country highway town. Handy to two major centres. Good exposure. Quality inspection.

MQ Property ID:
845180


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