MOTEL FOR SALE - GREAT VALUE FREEHOLD

SOLD

Description: Great value freehold. Busy Newell Highway location. B&B only, next to hotel with dining facility. Ideal business for couple.

Star Standard: 3½ star

Construction: Brick with clip-lock iron roof, brick wall partitions, all single level. Large units with high standard appointments. Spacious bathrooms. Over all excellent condition + presentations.

Residence: 3 bedroom (one with ensuite). All with built-ins, share kitchen, lounge/dining, pantry, bathroom, private yard, lock-up garage. Good family residence - joins reception.

Age: 1978 - 1993

Clientele: Passing trade, mine workers, reps, tourists.

Land Area: 1500sqm

Tariffs: Single $70; Double $75 - $85; Extra Person $15

Chain Affiliation: No

Lease: No

Laundry: Heavy duty domestic. 2 plus changes linen. Very good condition.

Restaurant: Next door in hotel.

Services: Room service, air conditioning, undercover parking, fire rated.

Turnover: Estimate 15/16 $115K net of GST

Occupancy: 69% approx.

Comment: A great inspection and a delight to stay at. One of the best in this price bracket.

MQ Property ID:
844623


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