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- 18 Oct 2016
MOTEL FOR SALE- STRONG MINING MOTEL
Description: Strong mining motel 3 hours from Sydney. B&B only. Easy motel to operate. Strong corp and industrial trade.
AAA Rating: 3½ star
Construction: Brick construction on concrete slab foundations, brick room partitions and clip-lock iron roof. All units are single level, residence is 2 storey. Property has just been rendered. Looks outstanding.
Residence: 3 bedroom with built-ins, large lounge, family room, bathroom, private kitchen, balcony on second level, garage and carport. Completely renovated - all as new. Adjoins reception.
Age: Built 1970's approx.
Clientele: Industrial and mining trade, passing trade, tourists.
Land Area: 5,628sqm approx.
Tariffs: Single $75; Double $85; Extra Person $10
Chain Affiliation: No
Laundry: Heavy duty commercial. Sheets & slips hired - balance done onsite.
Restaurant: No, room service only.
Services: Room service, BBQ, split air conditioning, ISD STD phones, fire rated, Austar, wireless internet.
Turnover: 14/15 $185,667 - 13/14 $254,166 - 12/13 $298,745 net GST
Comment: Delightfully presented motel. Property just rendered and refurbished. Landscaped grounds. Excellent location in prosperous town 3 hour easy drive from Sydney.
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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