Motel In Murray River Location With Development Potential For Sale

Business description

Location: Riverina
Asking Price: $1,400,000
Impeccable 3.5 star self rated freehold motel located only five hundred metres from the main shopping strip of a border township. Built in 1986, this beautifully renovated and maintained business offers 24 comfortable queen, twin, deluxe and family style rooms with spacious three bedroom, one bathroom residence on a huge 13,000 square metres (approx) of immaculate grounds. It is close to many local sporting facilities and natural tourist attractions. This property has the scope for further development and additional accommodation due to its size. VENDOR FINANCE AVAILABLE.

Turnover: $259,748 (FY11).

Construction: Single storey, brick with colourbond roof.

Land Area: 12,959 sqm (approx).

Rating: 3.5 Star (self rated).

Age: 1986.

Number of rooms: 24.

Room Configuration & Facilities: Queen, twin, deluxe, family and disabled rooms. Facilities include ensuite, air conditioning, clock, mini fridge, built-ins robes, phone, table, chairs, lounge, digital TV, free wireless internet, tea/coffee facilities, toaster, verandah with table & chairs.

Motel Facilities: Sparkling swimming pool & poolside area, fully self contained outdoor entertaining area, BBQ/camp kitchen facilities, chargeback, off street parking, non smoking rooms, breakfast to rooms, guest laundry, beautifully landscaped and maintained grounds.

Restaurant: No. Breakfast to rooms is provided from the residence kitchen. Larger groups can be easily catered for in the large undercover BBQ area.

Residence: Fully renovated air conditioned residence includes three bedrooms with built-in robes, one bathroom, large open plan lounge/dining room, large kitchen with full sized pantry and laundry.

Clientele: Good repeat business from coaches, general and holiday travelers, individual and golfing groups. It is a preferred accommodation supplier for a local golf club.