Motel For Sale Mid-North Coast For Sale

Business description

Description: Mid-north coast B&B motel. Very solid construction and well presented. Only 15 mins to beaches.

AAA Rating: 3+ star (self-rated)

Construction: Single level brick with clip-lock roof, and besser block wall partitions. 13 good to medium sized units, refurbished in 2008 with quality updated appointments.

Residence: 3 bedroom with built-ins, lounge/dining, bathroom, private yard, kitchen and double lock-up garage. Good size family residence. Joins reception.

Age: 1970

Clientele: Rep and worker trade, passing trade, tourists.

Land Area: 2000sqm approx.

Tariffs: Single $85; Double $95; Family (4) $120; Extra Person $15

Chain Affiliation: N/A

Lease: No

Laundry: Domestic equipment. All linen hired.

Restaurant: No

Services: Reverse cycle air-conditioners, covered BBQ area, microwaves, in-ground pool.

Turnover: 2010/2011 $165,000 - 2009/2010 $173,401 net GST

Occupancy 45% approx.

Comment: Very tidy motel conveniently located between Taree & Port Macquarie – 2 minutes off and back on Pacific Highway. Town Centre near to hotel and restaurants. Only 15 minutes to beaches. Totally flood free and only motel in town.

Property information

Real Estate:

Real Property Included