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- 18 Oct 2016
MOTEL FOR SALE- ONLY MOTEL IN TOWN
Description: Great country motel in strong rural town. Spotlessly presented.
AAA Rating: 3.5 star
Construction: 12 unit single storey brick and hardiplank motel with cliplock iron roof and double brick wall partitions. Good medium sized units appointed with good standard fittings. Well presented solid construction. Paintwork in excellent condition.
Residence: 3 bedrooms, 1 with built-in, very large lounge/dining, bath/toilet, share kitchen, private yard with workshop, carport and reverse cycle air-conditioning. Joins reception.
Age: Built 1975 - 1978
Clientele: Passing trade, local workers.
Land Area: 1 acre approx.
Tariffs: Single $75 - $95; Double $85 - $95; Extra Person $10;
Chain Affiliation: No
Laundry: Heavy duty equipment. All linen owned and done onsite.
Services: Reverse cycle air-conditioning, large semi commercial kitchen in residence, 4 microwaves.
Turnover: 15/16 $115,665 - 13/14 $102,227 - 12/13 $106,252 - 11/12 $123,025 - Net GST
Occupancy 31% approx. 2013/2014
Comment: Great country motel in strong rural town. Spotless presentation.
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1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information