BANKSTOWN MOTEL 10 - FOR SALE BY EXPRESSION OF INTEREST - 20 KM SOUTH WEST OF SYDNEY CBD

SOLD

EXPRESSIONS OF INTEREST CLOSE 4PM 4TH AUGUST, 2023

Open for Inspection Every Wednesday between 11.00am and 1.00pm or by appointment - midday to early afternoon preferred.

Description: Centrally located, 31 unit motel, close to Bankstown, Parramatta and Sydney Olympic Park areas - fast becoming the hub of Sydney for both business and sporting activities. Modern and beautifully presented.

Rating: 4 star

Construction: The building is 3 levels with brick and cladding external walls, concrete slab floors and flat cliplock roof. The construction is very modern and the property has quality street appeal.

Interior: 31 high quality deluxe rooms of a 4 star boutique standard. Best quality and value accommodation in the area.

Age of Building: Constructed in 2 stages in 1985 and 2015, the older section has been totally renovated to match the new 2015 build. Internal repaint 2023.

Occupancy: Approx. 85%

Residence: One bedroom self-contained Manager's flat

Clientele: Corporate, Sporting Groups, Tourists, Olympic Park Functions & Events

Land Area: 1,752 sqm

Tariffs: Corporate Deluxe Room From $149; Twin Room From $169; Deluxe Twin
Room From $189; Grande Family Room From $199

Restaurant: Breakfast Room Adjacent to Reception Seats 15 Guests - Small Commercial Kitchen

Motel Laundry: Full Commercial Laundry

Services: Limited room service - breakfast, air-conditioned, Wifi, tea and coffee making facilities, on-site courtyard parking, fire rated

Turnover: $1,250,000 in a normal trading year

Comment: Rarely does a property of this standard and age become available in the Sydney Area. Easy to run business - mainly bed operation with very limited breakfast component. Quality first class presentation.

Inspect with confidence - you will not be disappointed.

MQ Property ID:
7629294

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