Property Details

Price Freehold For Sale $900,000

B&B MOTEL FOR SALE - BUSY RURAL CENTRE - GREAT POTENTIAL

Description: 15 Unit B&B Motel in very busy rural centre. Older style but very well maintained and located. All single level units. Property currently run by off-site owner so potential for owner operator to increase trade. Spare land to future develop. Delightful business and area to live in.

Rating: 3.5 star

Construction: Single level double brick & fibro with cliplock roof. In very good condition for age. Units tastefully decorated with a recent soft refurbishing. Older style bathrooms in extremely good condition.

Residence: 2 bedroom with one built-in. Lounge/dining, bath/toilet, private yard. Larger old style family residence with large open rooms - adjoins reception.

Age: Built 1966

Clientele: Rural workers, trades, reps, passing trade, visitors to the Aviation Museum, tourists.

Land Area: 4,372 sqm approx.

Tariffs: Single $99; Double $110; Family (4) $125

Chain Affiliation: Golden

Laundry: Full commercial laundry. Sheets owned in very good condition - 3 changes - sent out for laundering.

Restaurant: No.

Licenced: Yes

Services: In-ground chlorine pool, 3 window air-conditioners and remained split system air-conditioning, gas BBQ, microwave ovens, parking in front of units.

Turnover: 2016/17 $299,710; 2015/16 $235,543; 2014/15 $255,306

Comment: Owners live off site and depend on staff. Perfect opportunity for a couple to operate and significantly increase income. Adjoining parcel of land suitable for development. Great Potential.

MQ Property ID:
3989039

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