MOTEL FOR SALE- POPULAR COASTAL TOWN

SOLD

Description: Great motel. Only one in popular Mid North Coast town. Easy walk to club & restaurants - serviced by courtesy coach. First to inspect will buy.

AAA Rating: 3.5 star

Construction: 12 units. Single storey brick with iron roof and brick wall partitions. Medium size units & bathrooms with quality appointments – spotless presentation. Excellent condition.

Age: Built 1975 approx.

Clientele: Reps, workers, short break and tourist trade.

Residence: 2 bedroom. Lounge/dining, bath/toilet, private yard. Small residence, very convenient & well maintained – joins reception

Land Area: 1,214sqm approx.

Tariffs: Single $90; Double $90; Twin $95; Family (4) $100, Extra Person $5.

Chain Affiliation: No

Laundry: New heavy duty equipment. All linen owned and done onsite. 2 plus changes.

Restaurant: No

Services: Limited breakfast room service, reverse cycle air conditioning, microwave ovens, gas BBQ in covered area, fire rated.

Lease: No

Turnover: $192,527 December 2015 to November 2016 (12 months) net GST

Occupancy: 52.15% approx.

MQ Property ID:
3351437


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  • Suburb  
  • Region Mid North Coast
  • Property Type Accommodation/Tourism
  • Status For Sale