Property Details

Price Freehold $1,575,000
Property ID 4108522

MOTEL FREEHOLD PRICED TO SELL - FAMILY CIRCUMSTANCES FORCE SALE

Very appealing street presence - very good exposure. Great opportunity to improve

Rating: 3.5 star

Construction: 20 units plus 2-bedroom cottage. Two storey and single storey brick construction with tile roof and brick wall partitions in good condition. Variation of unit sizes - well-appointed with paint and appointments in good condition.

Residence: 2 bedroom with built-in wardrobes. Lounge/dining, bath/toilet, garage. Attractive, modern residence - well kept. Joins reception.

Age: Built 1980-83 approx.

Land Area: 1 acre approx.

Tariffs: Single / Double $90 ($290 Ag Quip & Country Music Festival); Extra Person $20

Chain Affiliation: No

Turnover: $360,000

Laundry: Heavy Duty. Sheets hired – remainder on site

Restaurant: N/A

Services: Room service (breakfast), reverse cycle air-conditioning, in-ground salt pool, portable gas barbecue, fire rated.

Occupancy: 68% approx.

Comment: Opportunity to purchase freehold in regional city at well below market value. Great opportunity to improve and sell off the business. Prime location. Don't miss this opportunity.

MQ Property ID:
4108522

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