Property Details

Price Undisclosed
Property ID 1053690

LEASEHOLD MOTEL FOR SALE- POPULAR COUNTRY CENTRE

Description: Popular country centre. Strong year round trade. Single level property with excellent mix of trade. Long lease with very low rent. Real money maker.

AAA Rating: 3½ star

Construction: 23 units. Single level besser block with clip-lock iron roof and besser block wall partitions. Very good for age. Good paintwork. Small to medium size units with medium size bathrooms. Appointments of good standard and condition. Spotless presentation.

Residence: 4 bedroom, 2 with built-ins, lounge/dining, bathroom/toilet, double Colorbond garage. Comfortable residence. Joins reception.

Age: Built 1970 approx.

Clientele: Strong rep and group business, local workers, passing travellers.

Land Area: 1 acre approx.

Tariffs: Single $89- $98; Double $89- $98; Family (4) $140; Extra person $10

Chain Affiliation: No

Lease: Til December 2035. Rent $7,954 per month + GST

Laundry: Heavy duty equipment. All linen hired and sent out.

Restaurant: 50 seat licensed restaurant used for in-house guests groups only

Services: Room service breakfast, gas BBQ, in-ground salt pool, reverse cycle air-conditioning, D/Dial phones, microwaves, parking in front of units, fire rated.

Turnover: 2015/2016 $524,220; 2014/2015 $243,336 (7 months)

Occupancy: 64% approx.

Comment: A good country motel well suited to rep and coach trade. Present owners have done an excellent upgrading job. Very strong, friendly rural centre.


MQ Property ID:
1053690



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