Motel In Far North West NSW For Sale

Business description

Description: Far North-west. Very strong worker & corp trade. Vendor says well. All serious offers considered. Well above market return offered. Real money maker.

AAA Rating: 3 star

Construction: Timber and brick single level with brick partitions and corrugated iron roof. 18 small to medium units, clean and well maintained. Good budget standard appointments. Older style with attention needed in some sections. New 32” LCD flat screen TV’S (wall mounted) installed in all corporate rooms (17) and Family room has 2 x 28” LCD flat screen TV’S.

Residence: 1 bedroom with walk-in robe. Lounge/dining, bath/toilet, private yard, share kitchen. 1 bedroom but large area overall – joins reception.

Age: Built 1975 approx.

Clientele: Local working trade, travelling, government and corporate.

Land Area: 4610sqm approx.

Tariffs: Single $85; Double $85; Family (4) $150; Extra Person $10.

Chain Affiliation: No

Lease: No

Laundry: Full commercial. All linen owned and done onsite – very good to new condition.

Restaurant: No

Services: Breakfast room service/ packed lunches, DD phones, gas BBQ, in-ground pool, reverse cycle-air conditioning, microwaves.

Turnover: $394,000; 2010/2011

Occupancy 80% plus approx.

Comment: Older style but in great condition. Strong trading figures in rich rural North-west town. Room for expansion on very large block.