Property Details

Price Undisclosed
Property ID 3484912

MOTEL FOR SALE- POPULAR WINE & MINING REGION

Description: Fully renovated B&B in popular wine and mining region. Excellent mix of workers, reps and weekend tourist trade. Property has been fully managed for the past 3 years. Good upside for owner operator. Lease/freehold splits possible.

AAA Rating: 3 star

Construction: 20 units. Single storey brick, block and concrete construction with cliplock roof and brick wall partitions. Rooms medium in size. Current owner has refurbished the property throughout to offer a high 3 Star standard accommodation. Building has had a lot of recent maintenance and inspects very well.

Age: Built late 1960s approx.

Clientele: Mining and wine, farming reps, trade workers, weekend tourists, passing trade.

Residence: 2 bedroom, lounge Room, 1 bathroom with bath & shower, double garage, private yard.

Land Area: 2,400sqm approx.

Tariffs: Single $105 - $120; Double $105 - $120; Family (4) $115 - $140

Chain Affiliation: No

Laundry: Small – Domestic Washer, Commercial Dryer. All linen hired.

Restaurant: No - Short walk to hotel with bistro.

Services: Room service breakfast only, heating/cooling, pool, BBQ, wifi, microwaves, fire rated.

Lease: No

Turnover: $351,552 2015/16 - $290,409 2014/15

MQ Property ID:
3484912



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