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Motel In Riverina Main Street For Sale

Riverina, New South Wales
  • $270,000

Sales revenue:
$214,000
Cash flow:
Available on request
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Description: Riverina leasehold. Neat as a pin in main street location. Quality property. Ideal business for a family operation.

AAA Rating: 3½ star (high)

Construction: Single level brick and timber construction with colorbond roof and brick wall partitions. Good medium to large units. Very good quality appointments. New digital televisions. Excellent conditions throughout.

Residence: 3 bedroom with built-ins, share kitchen, lounge/dining, bathroom, laundry, private yard and carport. Excellent family residence.

Age: Built 1988 approx.

Clientele: Reps, tourists, passing trade and local workers.

Land Area: ½ acre

Tariffs: Single $72 - $80; Double $79 - $87; Family $100 - $110; Extra Person $10

Chain Affiliation: Yes

Lease: 17 year term. Rent $60,500.

Laundry: Heavy duty equipment. All owned sheets sent out.

Restaurant: No.

Services: Room service breakfast & dinner, microwaves available, pool, BBQ, ISD STD, fire rated.

Turnover: $214,000

Occupancy 54% approx.

Comment: Strong Riverina town on the Newell Highway. Very tidy strong trading motel with very roomy family residence.



Real Estate:
Lease


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