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217 Hume Highway
Greenacre NSW 2190
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Sold on 13 Sep 2023

217 Hume Highway Greenacre NSW 2190

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • Sold

BANKSTOWN MOTEL 10 - FOR SALE BY EXPRESSION OF INTEREST - 20 KM SOUTH WEST OF SYDNEY CBD

    EXPRESSIONS OF INTEREST CLOSE 4PM 4TH AUGUST, 2023

    Open for Inspection Every Wednesday between 11.00am and 1.00pm or by appointment - midday to early afternoon preferred.

    Description: Centrally located, 31 unit motel, close to Bankstown, Parramatta and Sydney Olympic Park areas - fast becoming the hub of Sydney for both business and sporting activities. Modern and beautifully presented.

    Rating: 4 star

    Construction: The building is 3 levels with brick and cladding external walls, concrete slab floors and flat cliplock roof. The construction is very modern and the property has quality street appeal.

    Interior: 31 high quality deluxe rooms of a 4 star boutique standard. Best quality and value accommodation in the area.

    Age of Building: Constructed in 2 stages in 1985 and 2015, the older section has been totally renovated to match the new 2015 build. Internal repaint 2023.

    Occupancy: Approx. 85%

    Residence: One bedroom self-contained Manager's flat

    Clientele: Corporate, Sporting Groups, Tourists, Olympic Park Functions & Events

    Land Area: 1,752 sqm

    Tariffs: Corporate Deluxe Room From $149; Twin Room From $169; Deluxe Twin
    Room From $189; Grande Family Room From $199

    Restaurant: Breakfast Room Adjacent to Reception Seats 15 Guests - Small Commercial Kitchen

    Motel Laundry: Full Commercial Laundry

    Services: Limited room service - breakfast, air-conditioned, Wifi, tea and coffee making facilities, on-site courtyard parking, fire rated

    Turnover: $1,250,000 in a normal trading year

    Comment: Rarely does a property of this standard and age become available in the Sydney Area. Easy to run business - mainly bed operation with very limited breakfast component. Quality first class presentation.

    Inspect with confidence - you will not be disappointed.

    MQ Property ID:
    7629294

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    Property Highlights

    Date Sold13 Sep 2023
    Floor Area1 m²
    Land Area1,752 m²
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2018623146
    Category
    Last updated  25 Sep 2023
    Map for 217 Hume Highway Greenacre NSW 2190

    Property Highlights

    Date Sold13 Sep 2023
    Floor Area1 m²
    Land Area1,752 m²
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2018623146
    Category
    Last updated  25 Sep 2023
    Suite 101, Level 1, 74-76 Burwood Road Burwood NSW 2134

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