Property Details

Price Freehold $2,300,000
Property ID 4097400

MOTEL FOR SALE - GROWTH CORRIDOR - DEVELOPMENT OPPORTUNITY

Description: 3,850m2 land in main growth corridor near Campbelltown and the new airport development. Property currently very run down and really is a development site. A new 30 unit property here would be a very solid business due to the lack of accommodation in the region.

Construction: 12 rooms and 6 cabins. Single level construction with cliplock roof. Medium sized rooms with numerous bedding options.

Zoning: B2 - 9 metres high

Residence: 1 bedroom with shower and toilet. Residence is a motel style room with motel kitchen used as the domestic kitchen.

Age of Building: 1970s

Clientele: Workers, tradies, local visitors

Land Area: Approx. 3,850 m2

Tariffs: Single $90; Double $90; Family $160

Chain Affiliation: No

Lease: No

Laundry: Domestic. Linen laundered on site.

Restaurant: 56 seat restaurant not currently operating

Services: Reverse cycle split system and box air-conditioners, cooking facilities in cabins, parking in front of rooms.

Turnover: $380,000

Comment: Sydney fringe growth area. Fantastic opportunity for a redevelopment of a nearly 4,000m2 block. No other accommodation facility in the area. This prime location is ready to be taken to the next level.

MQ Property ID: 4097400


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