MOTEL - CENTRAL-WEST COUNTRY CENTRE

$0

Description: Central-west country centre. New long term lease. Town centre location. Good mix of trade. Ideal starter property.
AAA Rating: 3½ star.
Construction: Single level brick construction with clip-lock roof and soundproofed gyprock wall partitions. Medium sized units. Good 3½ star with fresh paint work. Appointments of high standards.
Residence: 3 bedroom with built-ins. Share kitchen, lounge/dining, 2 bathrooms, store room, private yard. Good roomy family residence with tiled roof. Joins reception. Evaporative cooling and split system air-con plus open fire place.
Age: Mid 1970's
Clientele: Reps, workers, passing trade, some tourist.
Land Area: 3/4 acre
Tariffs: Single $66 - $70; Double $75 - $80; Family (4) $95 - $145; Extra person $10
Chain Affiliation: Yes
Lease: New 30yr term. Rent $45,000p.a.
Laundry: Commercial equipment (new). All linen owned and done onsite.
Restaurant: No
Services: Breakfast room service, microwaves (5), gas BBQ, salt pool, playground, fire rated.
Turnover: $206,000
Occupancy: 45% approx.
Comment: Very well presented town centre motel. Great opportunity for anyone looking for a good leasehold motel. Excellent condition. No money needed for upgrading.