Immaculate Motel In Popular Coastal Destination For Sale

Business description

Location: South Coast
Asking Price: $1,950,000
This chain affiliated, 3.5 star self rated, freehold motel is located only five hundred metres from busy tourist precincts, restaurants, pristine beaches and local attractions. This immaculately presented property was renovated from top to bottom in 2006. A very well operated business offers 16 comfortable rooms of varying configuration on a generous 1,970sqm (approx) parcel of land. There is great potential for further development with additional accommodation.

Turnover: $346,656 (FY11)

Construction: Two storey, brick with tile roof

Land Area: 1,900sqm (approx)

Rating: 3.5 Star (self rated)

Age: Late 1984

Number of rooms: 16

Room Facilities: Air conditioned deluxe rooms located over two levels and comprise of queen sized rooms. Facilities include tea/coffee facilities, free broadband, ensuite bathrooms, iron & ironing board, toaster, fridge and all rooms are non smoking.

Motel facilities: Charge back, swimming pool, plenty of off street parking, non smoking rooms, BBQ facilities, fax & photocopying facilities, free internet, breakfast to rooms.

Restaurant: No

Residence: Two storeys, two bedrooms with built-in robes, 1 bathroom, lounge/dining room, kitchen, separate office, courtyard, storage and two car parking. It adjoins the motel and is in close proximity to the reception.

Clientele: Plenty of repeat business from general and business travelers, overseas visitors chain membership and small groups.