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Cessnock NSW 2325
Sold on 26 Apr 2016

Cessnock NSW 2325

  • Hotel, Motel, Pub & Leisure
  • Sold

MOTEL FOR SALE- HUNTER VALLEY NEAR NEW

Description: Hunter Valley Near New Motel. 4-star B&B property adjacent to restaurant/bistro. High quality brick & tile building. Large 15 well-appointed units. Modern inspection. Currently fully managed business. Great buy. Easy business to operate.

AAA Rating: 4 star

Construction: two storey brick with Colorbond roof and brick wall partitions. As new condition. Large Very Well Appointed - Modern Inspection

Residence: 2 bedrooms with built-ins, lounge, bathroom. Modern very comfortable suit couple or small family - reverse cycle air-conditioning

Clientele: Trade workers, tourists, reps, miners.

Tariffs: Single $85 - $145; Double $110 - $145; Special Events Extra $10; Extra Person $25

Chain Affiliation: Yes

Lease: No

Laundry: Domestic equipment. Sheets hired - remainder owned / on site.

Restaurant: Breakfast & Conference Room

Services: Room service breakfast, reverse cycle air-conditioning, in-ground pool, BBQ, fire rated.

Turnover: 2012/2013 $341,022 - 2011/2012 $370,685

Occupancy: 50% approx.

Comment: As new motel in quiet location. Turnover shows strong consistent trade each year. Hunter Valley is growing strongly and will only increase in visitor numbers and value over the coming years. Very easy care property.

MQ Property ID:
1591476

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Property Highlights

Date Sold26 Apr 2016
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2012606124
Category
Last updated  26 Apr 2016
Map for Cessnock NSW 2325

Property Highlights

Date Sold26 Apr 2016
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2012606124
Category
Last updated  26 Apr 2016

Co-Agents

Ray Larkin
Ray Larkin
Manenti Quinlan & Associates
Call
0407 220 116
John Redwood
John Redwood
Manenti Quinlan & Associates
Call
0418 664 525

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