MOTEL FOR SALE - BEST B&B IN MAJOR CITY

SOLD

Description: Best B&B motel in major NSW city location. Close to hospital and shopping precinct. Immaculate presentation. Adjacent to busy club. Best buy 1½ hours from Sydney

AAA Rating: High 3½ star

Construction: Brick construction with concrete foundations, brick wall partitions and Colorbond roof. Large spacious rooms, quality furniture throughout and new paint work. New carpet throughout. 4x 2BR unis plus 2 spa suites. No cracking. Room to add extra units.

Residence: 3 bedroom with built-ins. Separate lounge & dining area, share kitchen, bathroom, separate toilet. Adjoins reception and laundry area. Double garage with carport.

Age: Built 1995 + 1998

Clientele: Strong corporate weekdays, sporting/wedding parties weekends. Trade from hospital, transit workers.

Land Area: 5,000sqm approx. Zoning 2(b) residential.

Tariffs: Single $129- $149; Double $149- $169; Family (4)$220; Extra Person $20

Chain Affiliation: No

Lease: No

Laundry: Full commercial onsite.

Restaurant: No, short walk to services club. Charge back also available.

Services: Room service , wireless internet, laptop ports, guest laundry, Foxtel, microwaves, spa suites, air-conditioning, ISD STD phones, licensed, fire rated..

Turnover: $693,002.70 2012/2013; $757,655 2011/2012

Occupancy: 62% approx. 2012/2013; 66% approx. 2011/2012

Comment: Outstanding B&B Motor Inn, prime location, very busy Motor Inn. Close to all amenities; services club, shops etc. Large spacious units with extra land to double unit numbers. Rare opportunity in highly sought-after location.

MQ Property ID:
844929


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