MOTEL FOR SALE - ONE OF NSW STRONGEST GROWTH REGIONS

SOLD

Description: 6,071 square metres of elevated land with stunning lake views. Currently 44 units with DA and CC to increase to 69 units. This property offers one of the most outstanding opportunities that I have seen in many years in the brokerage industry. This area is one of NSW’s strongest growth regions with an amazing future in the ecotourism and sporting trade. When completed there will be considerable capital appreciation.

Construction: 44 large units (many that interconnect) plus a large 4 bedroom apartment for managers, staff or owners accommodation on top floor. Full commercial kitchen (with all new modern amenities) which opens out onto open plan dining / lounge bar area. The large windows offer stunning lake and mountain views.

The property has undergone major refurbishment with new bedding and paintwork throughout. New furniture in the public areas - bar, reception and restaurant.

Residence: 3 bedroom plus 2 staff rooms on the top floor.

Staff Rooms: There are two staff rooms beside the kitchen plus another out in the accommodation area overlooking the carpark These are used for the staff during the winter peak season.

Promotion: Zero promotion is done. There is huge scope for growth with a phenomenal business model in one of NSW most stunning locations. The views and facilities this property offers, along with the future scope for development makes it a must see for any serious operator. There are plenty of back-up quality mattresses, bunks and ensembles to cater for all types of guests and groups.

Clientele: Sporting trade, trade workers, group tours, school education groups, holiday trade, ecotourism.

Tariffs: From $79 in summer to $900 per room per night in winter peak season

Chain Affiliation: No

Lease: No

Laundry: Heavy duty equipment. All linen owned and laundered onsite.

Restaurant: 80 seat licensed restaurant

Services: In Floor Heating, spas in 18 rooms, 12 rooms with cooking facilities, BBQ, fire rated.

Turnover: 12 Months March 2018 to February 2019 $1,628,030

MQ Property ID:
3734570



Facebook
To receive updates via your Facebook newsfeed please click here, or visit www.facebook.com/ManentiQuinlan and like our page.

Twitter
To follow us on Twitter please click here or visit www.twitter.com/ManentiQuinlan

LinkedIn
To connect on LinkedIn click here or visit http://www.linkedin.com/company/manenti-quinlan-&-associates