MOTEL FOR SALE- MAJOR REGIONAL SERVICE CITY

SOLD

Description: Centrally located in Goulburn CBD 2 hours from Sydney. Easy walking distance to all amenities including shops, cafes, restaurants, park etc. Large B&B only. Property currently fully managed business. Land size over 3000m2.
Great potential for further development with over 2000m2 vacant land in B3 Commercial Core zoning.

AAA Rating: 3 star

Construction: 44 units. Three level brick and concrete construction with iron roof and brick wall partitions. Guest House style. Good Variation in unit sizes, all with high ceiling and ensuites. Very well furnished. Well presented. Almost completely refurbished throughout. There are 2 further rooms in the attic can be refurbished and ready for residence.

Residence: 1-2 bedrooms, with Lounge / Dining Area, Bath / Toilet. Suit couple. Part of main building.

Clientele: Reps and corp, local trade workers, group trade, sporting groups, passing trade.

Tariffs: Single $75 - $99; Double $85 - $109; Twim $95 - $109; Queen $95 - 109; Family (4) $135 - $145; Rooms tariffs can be increased further

Lease: No

Laundry: Heavy duty domestic equipment. All owned – sheets sent out. 2+ changes.

Restaurant: breakfast room

Services: Room service, reverse cycle air conditioning, microwaves, BBQ, fire rated.

Turnover: 2016/17 $929,825 - 2015/16 $888,397 - 2014/15 $833,171 - 2013/14 $841,863

Comment: Strong year round trade. Well positioned in a regional service city. The building is terrace house design and has excellent character. Very popular with workers & reps.

MQ Property ID:
3665913


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  • Suburb  
  • Region Southern Tablelands
  • Property Type Accommodation/Tourism
  • Status For Sale

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MOTEL FOR SALE - MAJOR REGIONAL SERVICE CITY $5,200,000  Accommodation/Tourism Description: Centrally located in Goulburn CBD 2 hours from Sydney. Easy walking distance to all amenities including shops, cafes, restaurants, park etc. Large B&B only. Property currently fully manag... Read More