FANTASTIC BUSINESS OPPORTUNITY FOR THE COST OF A HOUSE
SOLD
Description: Small, wooden, western red cedar motel half way between the Snowy Mountains and the coast. Only accommodation in the area. Has been operated as a hobby by elderly owners. Could be a good little business for the price of a cheap 1 BR apartment. Excellent value.
Construction: Single storey wood construction with wooden partitions and tin roof in good condition for age. Six motel rooms, two x 2 Bedroom rooms and one cabin. Small to medium sized rooms with a number of bedding options.
Age: 1960s
Land Area: 2,000m2 Approx.
Residence: Medium to large residence with one bedroom (with built-in wardrobe) and option of using extra room as a bedroom. Old restaurant is attached to reception, which acts as another open lounge area. Large domestic kitchen, dining, extra sitting/lounge room and sun room, shower, toilet, double carport and private yard.
Clientele: Workers, local visitors, passing trade.
Tariffs: Single $80; Double $85-$110; Family $120; Extra Person $20
Chain Affiliation: No
Lease: No
Laundry: Domestic laundry. 2+ changes of linen in good condition.
Restaurant: Not active (Licenced for 30)
Services: Electric heaters and gas heaters, cooking facilities in units and cabins, parking in front of rooms, room service for workers.
Turnover: $21,000 (Owners only operate the business when it suits them. They are in their 80s.)
Comment: Fantastic little opportunity to run as a hobby. Aging owners wish to retire. Motivated purchaser has a blank canvas to build a fantastic business for the cost of a house. Significant wind farm construction for next few years and only motel in town. No website, no third party agents, no advertising.
MQ Property ID:
4170299
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- Suburb  
- Region Capital Monaro & Snowy
- Property Type Accommodation/Tourism
- Status For Sale