Property Details

Price Undisclosed
Property ID 3275428

MOTEL FOR SALE- HIGH QUALITY CORP MOTOR INN

Description: High Quality corporate Motor Inn. Close to Sydney. Very strong year round trade. Property is operated under management with limited input from owner. City centre location. Strong tariffs.

AAA Rating: 4 star

Construction: 30 units. Two storey double rendered brick with tile roof and brick wall partitions. Larger size units with spacious bathrooms. Motel has been a managed business for many years. Furniture and fitout is all modern and very well presented.

Age: 30 years approx.

Clientele: Excellent mix of corporate, workers and long stay trades, government, passing trade, interstate travellers.

Residence: 3 bedroom with built-ins, large lounge, dining, bathroom. Spacious Manager’s residence. Ideal for family. Very comfortable with easy access to Reception Area.

Land Area: 3,089sqm approx.

Tariffs: Single $140 - $165; Double $140 - $175; Family $160 - $200; Extra Person $20.

Chain Affiliation: No

Laundry: All linen hired.

Restaurant: Yes, licensed.

Services: Room service, reverse cycle air conditioning, convention facilities, pool wifi, fire rated.

Lease: No

Turnover: 2013/14 $1,750,000

Occupancy: 68% approx.

Comment: Beautifully presented property. Well maintained with recent refurbishment, paintwork plus full new restaurant and commercial kitchen. First time offered in 30+ years. Fully managed business. Prime main street location. Walk to all shops and city amenities.

MQ Property ID:
3275428


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