MOTEL FOR SALE - SNOWY MOUNTAINS

SOLD

Description: Boutique B&B motel in prime position in busy Snowy Mountains town. This property is quality throughout.

AAA Rating: 3½ star.

Construction: Double brick construction. All units are ground floor, residence is two storey. Tile roof, brick partitions, concrete foundations. Good variation of unit sizes. Excellent condition and presentation.

Residence: 3 bedroom with built-ins. Share kitchen, balcony, lounge/dining, bathroom, laundry; plus downstairs lounge, toilet, undercover garage and storage shed. Spotlessly maintained. Joins reception.

Age: 1980

Clientele: Strong corp trade, tourists, sports fisherman, ski trade. Year round occupancy.

Land Area: ½ acre. New landscaping and boundary fences.

Tariffs: Single $95- $120; Double $100- $140; Family $130- $185; Extra Person $20

Chain Affiliation: No

Lease: No

Laundry: Commercial laundry, 1 new washing machine. Linen all new - 2 plus changes. Sheets sent out.

Restaurant: No, room service breakfast.

Services: Reverse cycle air conditioning, central heating, BBQ area, undercover parking, large semi commercial kitchen, fore rated.

Turnover: 15/16 tax return is been prepared now income was $233.000. July 2016 until March 2017 $189.248. $217,623 2011/2012; 217,328 2010/1011

Occupancy: 58% approx.

Comment: Motel delightfully presented with main road exposure. Excellent residence, walk to clubs and restaurants.

MQ Property ID:
949749


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  • Suburb  
  • Region Capital Monaro & Snowy
  • Property Type Accommodation/Tourism
  • Status For Sale
  • Property ID 1980301

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