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Accommodation & Tourism business for sale in Sydney

  • Accommodation & Tourism
  • Sydney NSW 2000
  • $4,750,000 (GST na)

CB1283 - Business For Sale - Accommodation Tourism Well established

Motel - Freehold - Development - Snowy Mountains
SBX Business Code: CB1283
Freehold accommodation complex consisting of 4 x 3 bedroom detached villas, 3 x 2 bedroom detached villas all with garage. -Accommodation in separate building consists of 1 studio apartment, 4 x 2 bedroom apartments and 5 motel units on ground floor, with 2 x 2 bedroom apartments on upper floor - All accommodation is let on a weekly or semi permanent basis with the exception of the 5 motel units which are available for overnight stays. - Villas and apartments have kitchenette and all units have tea/coffee making facilities, microwave oven, fridge, toaster and flat screen TV. - A separate building houses the reception/office, a day room and a 200 seat function room/restaurant, which is not utilised full time at present.

Potential
Major infrastructure works announced for Hydro Electric scheme. - DA and Construction Certificate for upgrade of 11 motel units to self contained units in place. - Plans for 16 lot subdivision with 80m road frontage available. Upgrade booking system.

Features
Great position. - Well established. -Steady income from short and long term residents. - Large block suitable for further development.

Premises
Large older style administration block with separate brick villas, apartments and motel units and a total area of 14,000 sq. mts.

Location
Prime position on Highway at entrance to major regional Snowy Mountains town.

Trading Hours
As required.

Lease
Freehold.

Employees
1 owner + 1 Manager + 2 casuals.

Comments
Laundry is processed in house, with 2 washing machines and 2 gas fired dryers. - 7 Villas have lock-up garages. - HWS to rooms is supplied by individual units. - Booking engine commissions not included. - Income GST inclusive. - Subdivision area is 6000sqm and has all town services connected.
Figures
Weekly Sales $7500
Rent (ex GST) $0
Wages $1600
Profit $5405

SBX Business Code: CB1283

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2013711166
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Category
Last updated  28 Jun 2019
Map for Sydney NSW 2000Sydney NSW 2000
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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