MOTEL FOR SALE - CLOSE TO TAMWORTH

SOLD

Description: Close to Tamworth. Only Motel in town. B&B only. Easy to operate. Low maintenance property. Easy for couple to operate.

AAA Rating: 3.5 Star.

Construction: Brick on concrete slab. Tile roof. All single level with brick partitions.

Residence: 1 bedroom with built-in wardrobe, large lounge/dining, bathroom/toilet, private yard, share Motel kitchen, carport. Good roomy Residence - suit couple.

Age: Built in 2 stages, 1975 - 2002.

Clientele: Good repeat trade. Some corporate plus passing trade.

Land Area: 2,600sqm approx.

Tariffs: Single $90- $95; Double $100- $125; Family $100; Extra Person $10.

Chain affiliation: No.

Lease: No.

Laundry: Commercial equipment. All linen owned except queen sheets.

Restaurant: No.

Services: Room Service, D/D phones, broadband cable to all rooms, Austar. Good medium size rooms.

Turnover: $161,404 2014-2015

Occupancy: 50% approximate.

Comment: The only Motel in very strong rural town. Reliable trader with room for growth. Beautifully presented. Nothing to spend.


MQ Property ID:
844610



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