Motel - Leasehold - Same owner since 2007 - AAA 3.5 Star Rating - Near Canberra

4 days ago

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Internal Ref: CB1173

Summary

SBX Code: CB1173 - Motel - Leasehold - Profit $2625 pw for 1 owner - Excellent presentation. - Great facilities. - Easy to run. - Consistent strong returns. - Good location.

Rent

$62,400 pa

Net Profit

$136,500 pa

Location Details

Situated in major regional city in prime location on highway.

Potential

Introduce social media.

Hours

As required.

Lease

New lease - 5 + 5 + 5 + 5 + 5. - C.P.I. increases - 3 month bond.Bond 3 months.

Employees

1 owner.

About the Business

Motel - Leasehold - Snowy Mountains

SBX Code: CB1173
Leasehold motel - AAA 3.5 star rating - with 13 recently refurbished air conditioned rooms, including a disabled unit, and all with ensuite bathroom facilities and kitchenette. - A spacious 3 bedroom owners residence occupying 2 levels is a feature, as is the landscaped gardens. - Includes an undercover guest barbecue area. - Commercial kitchen caters for all breakfasts, with a dining room downstairs - Excellent laundry facilities, with new boiler installed. -Freehold available

Potential
Introduce social media.

Features
Excellent presentation. - Great facilities. - Easy to run. - Consistent strong returns. - Good location.

Premises
Newly fenced and maintained premises with delightful landscaped gardens and a total area of 1850 sq. mts.

Location
Situated in major regional city in prime location on highway.

Trading Hours
As required.

Lease
New lease - 5 + 5 + 5 + 5 + 5. - C.P.I. increases - 3 month bond.Bond 3 months.

Employees
1 owner.

Comments
Cable TV and internet access to all rooms - Separate storage shed - Close to restaurants, cafes and hotels. - Miscell. 1- cleaning.

SBX Code: CB1173

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