MOTEL - SOUTH COAST

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Description: South Coast. Close to Victorian border. Busy fishing port.

AAA Rating: 3½ Star (High)
Construction: Brick & tile colonial style. Single level built on concrete slab with brick partitions in rooms.
Residence: 3 bedroom (ensuite & walk in wardrobe) 3 built-ins, share kitchen, lounge, dining, bathroom/toilet, private yard, double lock-up garage.
Age: Mid 1970's.
Clientele: Large coach trade plus rep & tourist trade.
Land Area: 2 acres
Tariffs: Single $80 - $130; Double $88 - $150; Family (4) $100 - $165; Extra Person $10
Chain Affiliation: Best Western
Laundry: Full commercial equipment. Towels owned. Sheets & slips hired.
Services: Room service, DD phones, split system air-conditioning, 12 seater coach, 6 rooms with microwaves, pool. Fire rated.
Turnover: $1,012,224 for 2005/2006 - $653,895 for 7 months from June 30 to 2007
Occupancy: 63% approx.
Comment: Excellent single level motel with big forward coach bookings plus trade from reps and tourists. Lots of room to improve. Note: Sale includes 12 seater coach.