Beautifully Presented Motor Inn In A Riverina Hub For Sale

Business description

Location: Riverina
Asking Price: $1,475,000
This quality business is a 3.5 star AAA rated freehold motor inn located only five hundred metres from the main shopping strip and many facilities of a Riverina township rich in local history. A beautifully maintained and presented business offers 18 comfortable double, twin, triple and family style rooms, 4 one bedroom cabins and your choice of two residences on a large 6,677 sqm (approx) parcel of land. It is close to local restaurants, clubs, hotels, many local tourist attractions and outdoor activities and has views over the beautiful local wetlands. There are plenty of genuine opportunities to increase existing revenue and inspection will impress.

Turnover: Expect $420,000 for FY2012.

Construction: Single storey brick with cliplock roof.

Land Area: 6,677 sqm (approx).

Rating: 3.5 Star AAA.

Age: 1975.

Number of rooms: 18 motel style + 4 self contained 1 bedroom cabins.

Room Facilities: Offered in double, twin, triple and family configurations and may include queen, single, sofa or bunk beds. Facilities include ensuite, reverse cycle air-conditioning, hi definition TV & video, electric blanket, fridge, toaster, tea/coffee facilities, hairdryer, iron and ironing board, direct dial telephones and wireless broadband. Rooms also have parking at the rear door. Cabins have full sized kitchens, crockery & cutlery.

Motel facilities: Swimming pool, BBQ and outside entertainment area, large garden area, Austar, video Library, wireless broadband, breakfast to rooms, separate guest & motel laundry facilities, parking for larger vehicles.

Restaurant: No but there is a full catering kitchen of semi-commercial quality.

Residence: Two to choose from. Main residence is beautifully presented and includes two double bedrooms with built-in robes, one bathroom with separate toilet, large lounge/dining room, large kitchen, laundry and huge private garden/courtyard area. There is also a separate transportable home that could also be used as the main residence that consists of three bedrooms, two bathrooms (including ensuite), lounge/dining room, kitchen and balcony.

Clientele: Very diverse. Plenty of repeat business from company reps, elderly travellers and general tourists. Long standing corporate relationships. Benefits from local businesses and infrastructure.