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- 18 Oct 2016
MOTEL FOR SALE- LARGE CORPORATE MOTOR INN
Description: Large corporate Motor Inn in major regional central-western NSW city. Well presented with landscaped grounds. Main street location.
AAA Rating: 3½ star standard
Construction: Brick construction with concrete slab foundations, brick wall partitions, mix of iron & tile roof. Excellent solid construction and good paint work. Large variation of unit sizes and configurations with good quality appointments.
Residence: 3 bedroom with built-ins, lounge dining, bathroom, private kitchen, car port, no private yard. Good size family residence - joins reception.
Age: 1975 - 1986
Clientele: Corporate, tourist, passing trade.
Land Area: 1 acre plus
Tariffs: Single $90 - $105; Double $99- $118; Family $145; Extra Person $10
Chain Affiliation: N/A
Laundry: Full commercial. All linen on-site. 2½ changes.
Restaurant: Yes 180 seat including Conference Facilities. Cocktail Bar.
Services: Room services, convention facilities (200 people), pool, BBQ, fire rated, wireless broadband.
Turnover: 2012/2013 $602,628; 2011/2012 $734,364; 2010/2011 $792,677; 2009/2010 $847,937 net GST
Occupancy: 54% approx.
Comment: A large motel doing big corporate trade - busy central west city. Very good family residence.
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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