MOTEL FOR SALE- CENTRAL WEST PRIME LOCATION

SOLD

Description: Central-west prime main street location on massive block of land. Strong corporate and mining centre plus transport hub. High occupancy property. Room to expand. Great year round business.

AAA Rating: 3½ as advised.

Construction: Single level brick and block with clip-lock roof and brick wall partitions. Good variation of unit sizes. Appointments in good order. Motel inspects very well for its age.

Residence: 2 bedroom with ensuite, one with built-ins, small private kitchen, lounge/dining and double carport. Situated close to reception.

Age: Built 1961 approx.

Clientele: Reps, passing trade, trade workers, mining, tourists.

Land Area: 12,000sqm approx.

Tariffs: Single $99 - $130; Double $105 - $130; Family (4) $135 - $160; Extra person $15

Chain Affiliation: Yes

Lease: No

Laundry: Full commercial in good order. All linen done onsite and owned.

Restaurant: 50 seat licensed restaurant.

Services: Room service, BBQ, pool, split air-conditioning, WiFi, Foxtel and fire rated.

Turnover: 12/13 $670,915 - 11/12 $787,084 - 10/11 $807,577

Occupancy: 56% approx.

Comment: An older motel in excellent condition. Highway exposure. Enjoys a loyal corporate trade in rapidly growing Central-west city. Huge land area for subdivision or further expansion.

MQ Property ID:
845190


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