Property Details

Price $2,600,000
Property ID 4069479

MOTEL FOR SALE- COLONIAL STYLE ON LARGE 4 ACRES

Description: Colonial style Motel on large 4 acres. Block of single level brick & tile. Excellent presentation. Plenty of room for expansion. Group commercial region with exciting development into the future. Strong business growth into the future assured.

Rating: 3.5 star

Construction: 30 units. Single level brick construction with tile roof and brick wall partitions. Very large units throughout with 12 huge family suites. Well appointment to a very high standard. New paintwork throughout.

Residence: 3 bedroom with built-ins and 1 ensuite, dining, lounge room, bathroom/toilet, shower/toilet, laundry, private yard and huge lock up garage. Modern, attractive and roomy residence - adjoins reception.

Age: Built 1982 - 1988 approx.

Clientele: Corporate trade, local workers, tourists, snow business and skiers, group travel

Land Area: 4 acres approx.

Tariffs: Single $105; Double $115; Extra Person $10

Chain Affiliation: No

Lease: No

Laundry: Full commercial. In good order. 2 plus changes of linen. Guest laundry available.

Restaurant: Yes, licensed for coach groups – 60 seat. Function room.

Services: Room service, split system reverse cycle air-conditioning, gas BBQs, inground pool, 12 units with cooking facilities, fire rated.

Turnover: 16/17 $620,074 – Calendar Year 2016 $687,910

Occupancy: 55% approx.

Comment: Restaurant has been refurbished. A large, high standard motel supported by the very busy and ever increasing success of this region. Well situated on the highway and ideal for coach trade, functions and special groups.

MQ Property ID: 4069479


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