Property Details

Price Leasehold $650,000
Property ID 845174

LEASEHOLD MOTEL FOR SALE- STRONG COUNTRY SERVICE CENTRE

Description: Strong country service centre city. Highway location. Quality inspection throughout. Very appealing property and business. East to operate.

AAA Rating: 3.5 star

Construction: Single level brick & tile with concrete slab foundations and brick wall partitions. Good sized units. Current owners have done an excellent upgrade job.

Residence: 2 bedroom with built-ins, lounge/dining, bathroom, back office or 3rd bedroom, double carport and private yard. Share motel kitchen. Delightfully maintained. Joins reception.

Age: Built 1985 approx.

Clientele: Local workers, reps, agri business, passing trade, tourists.

Land Area: 5,003sqm approx.

Tariffs: Single $110- $200; Double $120- $220; Family (4) $185- $275; Extra Person $15.

Chain Affiliation: Yes

Lease: Until 17/08/2037. Rent: $125,589inclusive of GST.

Laundry: Full commercial. All owned and done on-site.

Restaurant: No

Services: Mini-bar, room service breakfast, microwaves, BBQ, in-ground pool, split-air, Austar, WiFi, fire rated.

Turnover: 2016/2017 $472,255 (to 21 June); 2015/2016 $499,340

Occupancy: 77% approx.

Comment: Spotlessly kept - in pristine condition. Congratulations to owners. Delightful motel in thriving rural city. First class inspection.

MQ Property ID:
845174

Facebook
To receive updates via your Facebook newsfeed please click here, or visit www.facebook.com/ManentiQuinlan and like our page.

Twitter
To follow us on Twitter please click here or visit www.twitter.com/ManentiQuinlan

LinkedIn
To connect on LinkedIn click here or visit http://www.linkedin.com/company/manenti-quinlan-&-associates