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- Hotel / Leisure
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- 18 Oct 2016
MOTEL FOR SALE- NEWELL HWY LOCATION
Description: Newell Highway. 24 units plus 2 self-contained cottages. All single level. Ideal rep & coach trade. Property on large block with strong growth potential. Property in very good condition.
AAA Rating: 3.5 star
Description of Interior: Variation of unit sizes from good medium to very large units including a number of large family units with quality appointments
Residence: 4 bedroom, 2 with built ins, sitting room, 2 bath/toilets, laundry, share kitchen. Joins reception.
Clientele: Reps & local workers, road crews, interstate travellers, coach business.
Tariffs: Single/Double $84 - $98; Family (4) $129 - $149; Extra Person $15
Chain Affiliation: No
Laundry: Full commercial kitchen onsite. All linen owned and done onsite. 2-plus changes. Guest laundry available.
Restaurant: Yes - 48 plus Alfresco area with licensed bar.
Services: Room service, split system reverse cycle air conditioning, cooking facilities in 3 rooms, Wifi, cocered gas BBQ in pool area, fire rated.
Turnover: 2013/2014 $391,894 (cash flow) - 2012/2013 $432,686 - 2011/2012 $396,650 net GST
Occupancy: 45% approx.
Comment: Motor Inn on large land block - excellent opportunity for working family to improve. Ideal for coach and group trade. Strong town on Newell Hwy.
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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