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      Accommodation & Tourism business for sale in Sydney

      • Accommodation & Tourism
      • Sydney NSW 2000
      • $4750000

      CB1283 - Business For Sale - AccommodationTourism Well established

      Motel - Freehold - Development - Snowy Mountains
      SBX Business Code: CB1283
      Freehold motel with 22 units consisting of 4 x 3 bedroom villas, 5 x 2 bedroom villas, 2 x 2 bedroom apartments and 11 motel units. - 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. -Room service breakfast is available. - Villas and apartments are suitable for short and long term stay, with motel units to undergo upgrade suitable for extended stays.

      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
      2 owners + 4 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 $6000
      Rent (ex GST) $0
      Wages $1000
      Profit $4480

      SBX Business Code: CB1283

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2013711166

      Last updated

      09 Mar 2018

      Category

      Accommodation & Tourism

      Map for Sydney NSW 2000

      Suite 1, 564 Pacific Highway St Leonards NSW 2065

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