Beautifully Presented Snowy Mountains Gem Motel For Sale

Business description

Location: Snowy Mountains
Asking Price: $870,000
This chain affiliated 3.5 star freehold motel located a short distance from a main town shopping strip. A beautifully refurbished and maintained business offers 12 comfortable family, queen or twin style rooms and a well appointed three bedroom residence on a generous 1,294 sqm (approx.) parcel of land. Nearby facilities include restaurants and pubs, four supermarkets, various clothing stores, giftware, craft shops, outdoor and camping suppliers plus many others. The area is well known for a myriad local sporting activities and close proximity to Kosciuszko National Park. Huge potential upside in revenue exists as no internet booking services are currently being utilised. This property is a good income producer and an ideal opportunity for a smart operator.

Impeccably presented, inspection will impress!

Turnover: $183,846 (FY11)

Construction: Two storey brick colourbond/Zincalume roof capping

Land Area: 1,294 sqm (approx.)

Rating: 3.5 Star AAA Rated

Age: 1965

Number of rooms: 12

Room Facilities: Comfortable queen, twin and family units with a combination of queen, double, single and bunk beds. Features include ensuite bathroom, air conditioning/heating, Austar Satellite TV, tea/coffee facilities, toasters, irons and ironing boards

Motel facilities: All rooms are non-smoking, ample off street parking including undercover parking for seven cars, BBQ facilities, breakfast to rooms, upstairs lounge area and wireless internet

Restaurant: No

Residence: Built over two storeys, three bedrooms with built-in robes, 1.5 Bathroom, lounge room, kitchen and laundry shared with motel. It adjoins the motel and is in close proximity to the reception

Clientele: Plenty of repeat business from general and business travelers, seniors, auto clubs and commercial/government

Occupancy: 60%