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Motel Great Value Freehold For Sale

Newell Highway, New South Wales
  • $565,000

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Description: Great value freehold. Busy Newell Highway location. B&B only, next to hotel with dining facility. Ideal business for couple.

AAA Rating: 3½ star

Construction: Brick with clip-lock iron roof, brick wall partitions, all single level. Large units with high standard appointments. Spacious bathrooms. Over all excellent condition + presentations.

Residence: 3 bedroom (one with ensuite). All with built-ins, share kitchen, lounge/dining, pantry, bathroom, private yard, lock-up garage. Good family residence – joins reception.

Age: 1978 - 1993

Clientele: Passing trade, mine workers, reps, tourists.

Land Area: 1500sqm

Tariffs: Single $58; Double $60 - $65; Extra Person $10

Chain Affiliation: No

Lease: No

Laundry: Heavy duty domestic. 2 plus changes linen. Excellent condition.

Restaurant: Next door in hotel.

Services: Room service breakfast, air conditioning, undercover parking, fire rated.

Turnover: 2006/2007 $129,107; 2005/2006 $150,245; 2004/2005 $130,914

Occupancy: 61% approx.

Comment: A great inspection and a delight to stay at. One of the best in this price bracket.



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