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Leasehold Motel For Sale – Popular & Increasingly Busy Town For Sale

New South Wales
Asking Price:
Leasehold $360,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: Extremely motivated vendor - perfect opportunity to take advantage of a popular and increasingly busy town. Currently only running as a B&B. Enthusiastic purchasers have the chance to increase trade by way of coaches / corporates.

Star Standard: 3.5 star.

Construction: 26 units. Two storey brick construction with tile roof and brick wall partitions. In very good condition for age with large sized rooms and a number of bedding options.

Residence: 2 bedroom (1 with built-in), lounge/dining, shower/toilet. Large family style residence atop reception.

Age: Built 1970s

Clientele: Corporate and Leisure Travellers

Land Area: Approx. 2,500 metres square

Tariffs: Single $95 - $108; Double $95 - $108; Family $150 - $170; Extra Person $20

Chain Affiliation: Country comfort

Laundry: Commercial equipment. Linen hired. Only towels laundered on site.

Restaurant: 50 seats

Services: Licenced, Room service, in-ground pool, Foxtel, air-conditioned, parking in front of rooms, fire rated.

Turnover: $430,000

Lease: New 30 Years Upon Sale

Rent: $10,800 per month inclusive of GST

Comment: Nicely presented with little to do. Three and a half hours from Sydney. Poorly operated - this lease offers strong growth potential with a competent operator. Very good value.

MQ Property ID:

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