MOTEL FOR SALE- PROSPEROUS RURAL CENTRE

29 days ago

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Internal Ref: 14878

Summary

Description: Prosperous rural centre B&B motel in CBD location. Immaculately presented property. Very busy family business.AAA Rating: 3 starConstruction: 20 units. Two storey brick motel with bric...

About the Business

Description: Prosperous rural centre B&B motel in CBD location. Immaculately presented property. Very busy family business.

AAA Rating: 3 star

Construction: 20 units. 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 $80; Double $90- $99; Family (4) $120; Extra person $12

Chain Affiliation: No

Lease: No

Laundry: Domestic heavy duty. Sheets and towels hired, remainder done on-site.

Restaurant: N/A - Breakfast to units.

Services: Room service breakfast, in-ground pool, BBQ, Foxtel, fire rated, split air-conditioning.

Turnover: 16/17 $218,563.91 - 15-16 $96,730 (8 months)

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:
3039182

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