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Accommodation & Tourism business for sale in NSW

  • Accommodation & Tourism
  • NSW
  • $775,000 (GST na)

Motel Leasehold For Sale - Busy South Coast Service Centre

Newly modernised motel offers fantastic opportunity to increase turnover. Strong growth regional service centre.

Star Standard: 3.5 star self-rated

Construction: Two storey brick construction with cliplock roof and brick partitions in good condition. Has just been completely repainted - looks fantastic.

Interior: 37 units have had complete renovation with kitchenettes added.

Residence: Comfortable one bedroom manager's residence with own kitchen, carport and private yard. Can link with unit 37 for extra bedroom.

Age: Built approx. 1960

Land Area: 3,300 square metres approx.

Tariffs: Single/Double $105-$145; Family (4) $145-$220; Extra Person $10

Turnover: 20/21 $570,030 (through construction) - Budget for 21/22 Year $900,000 Plus

Lease Term: New 30 Year Lease

Rent: $170,000 Per Annum

Laundry: Full commercial laundry. Sheets hired - remainder owned on site.

Restaurant: 50 seat (closed), licenced.

Services: Split system air-conditioning; all units have kitchenettes; Foxtel; Wifi; ample parking in front of building; fire rated

Clientele: Trade workers, travellers, hospital, tourists, truckies.

Comment: This area continues to grow and this motel offers an outstanding opportunity

MQ Property ID:
6574737

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Ray Larkin
Manenti Quinlan & Associates
Ray Larkin
Manenti Quinlan & Associates

Business Highlights

Business ID2017186097
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ParkingAsk Business Broker
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Last updated  10 Aug 2021
Map for NSW
Map for NSWNSW
Ray Larkin
Manenti Quinlan & Associates
Ray Larkin
Manenti Quinlan & Associates

Business Highlights

Business ID2017186097
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  10 Aug 2021
Manenti Quinlan & Associates
Level 1, 105 Liverpool Road Enfield NSW 2136
Ray Larkin
Manenti Quinlan & Associates
Ray Larkin
Manenti Quinlan & Associates
Ray Larkin

Ray Larkin

Manenti Quinlan & Associates

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0407 220 116
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