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- 18 Oct 2016
MOTEL FOR SALE- POPULAR REGIONAL CENTRE
Description: Popular regional centre on the busy Newell Highway. Strong corporate & mining trade. B&B only. In excellent condition for age. No large expenditure required.
AAA Rating: High 3 star
Construction: Single level besser block with tile roof, concrete slab foundations and besser block wall partitions. Medium sized units and bathrooms. Includes 2 bedroom family suite. Good quality appointments. Spotless presentation.
Residence: 2 bedrooms, with built-ins, share kitchen, lounge, dining, bathroom, private yard and garage. Conveniently located next to and above reception. Spotless presentation.
Age: Built around 1980
Clientele: Reps, mining trade, passing trade, tourists.
Land Area: ½ acre approx.
Tariffs: Single $70 - $110; Double $80 - $130; Family (4) $130;
Chain Affiliation: N/A
Laundry: Domestic on site. Linen all done onsite.
Services: Room service breakfast, limited dinner, BBQ, in-ground pool, DD phones, fire rated, reverse cycle air-conditioning.
Turnover: $90,000 net GST
Occupancy 45% approx.
Comment: Very tidy, well maintained small motel in prime location on busy inland highway. Spotless presesntation.
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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