$2,495,000 (under offer)
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- 18 Oct 2016
MOTEL FOR SALE- OUTSTANDING BUSINESS
Description: Vineyards, mining, tourists and much more. Outstanding business showing strong growth with more to come. Striking features make this town centre motel a one of a kind. First to see will buy.
AAA Rating: 3-star high
Construction: 36 units. Single level brick with some Hardiplank construction with iron roof. Good variation of unit sizes with good quality appointments. Recent Upgrade. Spotless presentation.
Residence: 4 bedroom with built-ins (1 ensuite) private kitchen, lounge, dining, family/games room, sun room, bathroom, massive garage and private yard. Separate solid brick home - delightful - built 1920 with extensions built 1985.
Age: Built 1904 - 1985 approx.
Clientele: Tradies, reps, workers, tourists, passing trade.
Land Area: 5,000sqm approx.
Tariffs: Single $118 - $128; Double $128 - $138; Family (4) $150 - $190; Extra person $10
Chain Affiliation: Yes
Laundry: Full commercial. All linen owned and done onsite.
Restaurant: 50 seat licensed restaurant.
Services: Room service, licensed restaurant, microwaves in all units, Austar, WiFi, BBQ, split air-conditioning, fire rated.
Turnover: Jul-14 to 1-June-15 $703,704 - 13/14 $823,675 - 12/13 $1,066,346 - 11/12 $1,126,956 net GST
Comment: Delightful property in popular rich rural area. Vineyards, mining and much more. Excellent separate family home. Spotless inspection. Exclusive Listing.
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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