MOTEL FOR SALE- PROSPEROUS CENTRAL WESTERN CENTRE

SOLD

Description: Prosperous central western centre. Newest motel in town. Prime main street location. Very strong year round trade. Fabulous operators accommodation.

AAA Rating: 4 star

Construction: Single level brick with Colorbond roof and brick wall partitions. Modern attractive building with great street appeal. 1x Spa Suite; 4x 2BR units, 12x Executive suites - all spacious, immaculate presentation with appointments of excellent standard.

Residence: 3 bedroom with built-ins, own kitchen, large kitchen/dining, lounge, bathroom/toilet, balcony. Good spacious family above reception.

Age: 12 years approx.

Clientele: Local workers, reps, passing trade, tourists.

Land Area: 2,200sqm approx.

Tariffs: Single/Double $115 - $195; Extra person $15 - $25

Chain Affiliation: No

Lease: New 30 year lease. Rent $165,000 + GST

Laundry: Large 16kg washer & 20kg dryer. Sheets sent out – remainder done onsite.

Restaurant: No

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

Turnover: 2012/2013 $613,357 – 2011/2012 $579,901 - 2010/2011 $555,071 (Owner’s Claim) Net: After Rent $210,000

Comment: Newest and best in town. Main street location. Stunning street appeal. Pristine inspection. Great buy.

MQ Property ID:
1033297

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