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Motel In New England With Highway Frontage For Sale

New South Wales
  • $175,000

Sales revenue:
$206,525
Cash flow:
Available on request
Contact Seller

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Description: New England Highway frontage. Very well presented. Small Motor Inn. Ideal for couple to operate. Strong year round business.

AAA Rating: 3½ star

Construction: Single level double brick with tile roof and brick wall partitions. Good to medium sized units and bathrooms. Quality appointments. 2 large family units. Good paint work. No building movement.

Residence: 3 bedroom, 1 with built-ins, lounge, dining, bathroom, small private yard, share kitchen. Ideal family residence. Joins reception.

Age: Built 1985

Clientele: Workers, reps, passing trade, tourists.

Land Area: 1/2 acre approx.

Tariffs: Single $81; Double $93; Family (4) $127; Extra Person $17

Chain Affiliation: No

Lease: 17 year term (2029). Rent $64,332 inc GST

Laundry: Commercial laundry. All linen done on site.

Restaurant: No

Services: Room service, microwaves, BBQ, fire rated, solar electric water heater.

Turnover: $206,525 2010/2011.

Occupancy 64.76% approx.

Comment: This is a very tidy, easy run motel with good residence. New England Highway frontage. Reliable, steady and consistent trader. Ideal starter.



Real Estate:
Lease


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