MOTEL FOR SALE - MAJOR REGIONAL CITY
SOLD
Description: Large B&B motel in major in major regional city location. Excellent year round corporate and worker trade plus tourist business. Huge future opportunity with plenty of development potential.
Star Standard: 3-3.5 star
Construction: All single level brick & rendered block, colorbond and clip lock roof and concrete foundations. Units are all generous to very large with good sized bathrooms. Excellent standard including 4x 2 bedroom units with kitchenettes. Property has undergone extensive renovations throughout.
Residence: 4 bedroom with built-ins. Own kitchen, lounge/dining, bathroom, laundry, private yard, ducted air. Excellent owner operator accommodation. Extra 2 bedroom managers flat available.
Age: 30 years approx.
Clientele: Strong corporate, local workers, tourists, sporting group
Land Area: 10,000 approx
Tariffs: Single $99 - $160; Double $105- $160; Family (4) $160; Extra Person $20
Chain Affiliation: No
Lease: No
Restaurant: Yes - dining room for groups.
Services: Room service breakfast, pool, gas BBQ, reverse cycle air condition, cooking facilities (6 units), microwaves (11), fire rated, internet, Austar.
Turnover: 17/18 $431,105; 16/17 $940,240; 15/16 $1,057,788
Occupancy: 55% approx.
Comment: Large B&B motel currently family operated. Set back from highway on very large land area. Excellent owner accommodation. Great long term investment. Excellent development potential. All the work is done - now trade and bank the money.
MQ Property ID:
844926
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- Suburb  
- Region Central West
- Property Type Accommodation/Tourism
- Status For Sale
- Property ID 1435537