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- Hotel / Leisure
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- 18 Oct 2016
MOTEL FOR SALE- NORTHERN RIVERS NSW
Description: Northern Rivers NSW regional service centre. Well-presented highway frontage property. Ideally suited for couple to operate. Varied mix of trade year round. Well presented. Property includes 23 coaster bus.
AAA Rating: 3 star
Construction: 10 units + 2 rentals. Single storey brick construction with cliplock iron roof and brick wall partitions. Solid brick construction in good condition. Good medium size units & bathrooms - well appointed.
Residence: Two bedroom with built-ins. Open plan lounge, dining, bath / toilet, balcony, own kitchen. New attractive residence. Joins reception.
Age: Built 1969 - 1988 approx.
Clientele: Mix of workers, passing trade, tour groups run by current owners. Two units let out as permanent rentals.
Land Area: 1,840sqm approx.
Tariffs: Single $69 - $85; Double $89 - $99; Family (4) $109 - $129; Extra Person $20. 2 Rentals (1) $350 week; (2) $300 week
Chain Affiliation: Yes
Laundry: Domestic. Sheets & Slips hired remainder done on site.
Restaurant: 20 seat.
Services: 2 reverse cycle split system air-conditioners - 8 (cool only) plus fans, gas BBQ, wifi, in-ground pool, fire rated.
Turnover: 2014/2015 $256,000 - 2013/2014 $242,000 net GST
Comment: Highway frontage motel on acres. Pleasant rural setting close to Northern Rivers City with excellent schools etc.
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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