Motel In Blue Mountains For Sale

Business description

Description: Idyllic location in the Blue Mountains, close to Sydney. B&B motel. Very well constructed property in rural setting, taking advantage of the tourists and mining markets.

AAA Rating: 3½ star

Construction: Single level brick on concrete slab foundations with colour bond roof and brick wall partitions. Generous size rooms and bathrooms, all with quality appointments, a number with flat screen televisions. Spotlessly maintained. Very attractive pristine presentation.

Residence: 2 bedrooms with built-ins, share kitchen, lounge/dining, bathroom and lockup garage. Single level spacious family residence with great appeal. Joins reception.

Age: Built 1984

Clientele: Tourists, passing trade, reps and workers.

Land Area: 3061sqm approx.

Tariffs: Single $105 - $130; Double $120 - $150; Family (4) $177; Extra Person $16

Chain Affiliation: No

Lease: 23 years to August 2034. Rent $85,198.

Laundry: Heavy duty equipment. Sheets hired, balance done onsite.

Restaurant: No

Services: Room services breakfast, wireless internet, BBQ, fire rated, ISD/STD phones.

Turnover: $280,000 estimated 2010/2011

Occupancy 51% approx.

Comment: Attractive modern colonial style motel. Centre of the busy Central Tablelands/Mountains area. Illness forces a reluctant sale.

Property information

Real Estate:

Lease