Accommodation & Tourism business for sale in NSW
- Accommodation & Tourism
- Leasehold $520,000
Motel Leasehold For Sale - 2 Hrs From Sydney - Prime Highway Location
Prime highway location only 2 hours from Sydney. Strong growth region. Very easy operation.
Star Standard: 3.5 star
Construction: 17 units - single storey. Brick and cladding construction with tile roof and brick wall partitions. Very well maintained and presented. Paintwork and structure in excellent condition.
Interior: Newly renovated guest rooms including new roomy bathrooms. Carpets and beds 'as new'. Great inspection.
Age of Building: Approx. 35 Years
Land Area: Approx. 2,800m2
Tariffs: Single $140; Double $150; Family (4) $160; Family (5) $170
Turnover: 2020 Calendar Year $381,441.20
Chain Affiliation: No
Lease: 25 Years
Rent: $97,945 Per Annum
Laundry: Commercial. Linen owned and laundered on site - 2.5 changes of linen in 'as new' condition
Restaurant: Yes - Not Currently Open due to COVID-19 - Licensed Bar / Lounge area with fireplace
Services: Room service (breakfast and dinner - Monday to Saturday), reverse cycle air-conditioning & heaters, conference / meeting facilities, telephones for room service, internet, microwave ovens, barbecue and outdoor entertaining area, on-site parking, parking for boats and trailers, guest laundry, 10kw solar system, fire rated.
Residence: 2x residences - one bedroom manager's apartment with own kitchen, dining and lounge area and two bedroom owner's residence.
Comment: Strong growth region. Potential to lift income considerably.
MQ Property ID:
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