MOTEL - REGIONAL CITY CBD

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Description: Modern boutique corporate Motor Inn in CBD of regional city. Room to further develop. Very high quality fit-out. One of the best.
AAA Rating: 4 star
Construction: Brick & tile, two level, concrete slab foundations. Brick partitions. Very well maintained.
Residence: 3 bedroom (2 with built-ins), large lounge/dining, bathroom/laundry, carport, own private kitchen, very comfortable family residence.
Age: 30 years old. Fully redesigned and refurbished in the last 2 years.
Clientele: Strong corp trade, travelling public plus tourists.
Land Area: 3000sqm approx.
Tariffs: Single $88 - $125; Double $98 - $125; Extra Person $10.
Chain Affiliation: None
Lease: No
Laundry: Full commercial. New linen, 2½ changes.
Restaurant: 50 seat. Just fully refurbished. One of the best in town.
Services: Wireless broadband, Austar, mini bar, pool, babysitting, licensed bar, room service.
Turnover: $750,000
Occupancy: 67% last month.
Comment: Top quality boutique hotel. This type of motel is new to the market and is being very well received. T/O in the property has increased by $200k since renovation and is continuing to improve. Guests are loving the top quality facilities and the quality dining experience.