MOTEL FOR SALE - STRONG RIVERINA CENTRE

24 days ago

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Internal Ref: 14878

Summary

Description: Stunning single level B&B Motel in strong Riverina service centre. 4-star+ condition throughout. All inclusions are of the highest standard. Strong year round corporate trade and one...

About the Business

Description: Stunning single level B&B Motel in strong Riverina service centre. 4-star+ condition throughout. All inclusions are of the highest standard. Strong year round corporate trade and one of the best inspections in the state. Very easy to operate with high NOP.

Star Standard: 4 star

Construction: 19 units. Single storey brick construction with tile roof and brick wall partitions. Variation of unit sizes – including 2 very large family units. Excellent appointments, spotlessly maintained

Residence: 2 bedroom with built-in wardrobes. Lounge, dining, bath/toilet, large separate double lock-up garage, private yard. Very well designed and convenient – joins reception.

Age: Built 1986 - 2002 approx.

Clientele: Corporate reps, trade and rural workers, visitors to air museum, tourists, passing trade.

Land Area: 3,505sqm approx.

Tariffs: Single/Double $125 - $139; Twin $135 - $150; Family (4) $175; Extra Person $15

Chain Affiliation: No

Lease: No

Laundry: Full commercial. Sheets and slips hired and sent out. Towels etc owned and laundered onsite.

Restaurant: No

Services: Continental breakfast, licensed mini bars, microwave ovens in all units, new split system reverse cycle air-conditioners, in-ground salt pool (closed), fire rated.

Turnover: 2018/19 $428,935 - 2017/18 $391,825 - 2016/17 $578,529 - 2015/16 $479,836 - 2014/15 $372,580 net GST

Occupancy: 75% approx.

Comment: Single level bed & breakfast motel, outstanding presentation in every respect. Good highway position in thriving rural centre – room to expand.

MQ Property ID:
3815034


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