MOTEL - STRONG REGIONAL TOWN

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Description: Top quality B&B Motel in strong regional town with year round consistent trade. Business mainly corporate & mining. Prime location. 150m to club & restaurants. Easy operation.
AAA Rating: 3½ star.
Construction: Brick & tile two level. Concrete slab construction, brick wall partitions. Good medium to large units. Property has just been upgraded. Quality inspection. Rooms and bathrooms are of a very good standard.
Residence: 3 bedroom, all with built-ins. Share motel kitchen, bathroom, lounge, dining. Tidy family residence above reception.
Age: 1988
Clientele: Reps, corporate, mining, tourist, passing trade.
Land Area: 2023sqm approx.
Tariffs: Single $84 - $89; Double $94 - $99; Spa Room $140; Family (4) $120
Chain Affiliation: No
Lease: New 25 year lease. Rent $125,000 (including GST)
Laundry: On-site, all owned. 2 changes linen. Excellent condition.
Restaurant: None - 150m to RSL club & restaurants.
Services: Room service breakfast, BBQ, pool, split air, fire rated.
Turnover: $450,000 2008/2009
Occupancy: 80% approx.
Comment: Very popular Motor Inn, one of the best locations in central west regional centre. Diagonally opposite the licensed service club. A must to inspect for anyone in the market.