Delightful newer style motel with highway frontage, overlooking the Golf Course.
Construction: 12 units + 4 apartments. Single storey brick construction with brick partitions and tile roof. In 'as new' condition. Larger sized motel units with generous bathrooms and good quality appointments - well maintained. Apartments are stunning - fully self-contained.
Age: Built 1984-1997
Star Standard: 4 Star
Lease: 19 Years - Extra years available at $8,000 per year
Rent: $146,000 per annum net GST
Land Area: 3,200sqm approx.
Tariffs: Single $120; Double $120; Triple $150; Apartment $220-$240; Extra Person $20
Chain Affiliation: No
Occupancy: 65%
Laundry: Heavy Duty, Commercial - All Linen owned on site - 2 Plus Changes in Good to New Condition
Services: Room Service - Breakfast - Charge Back Meals, Reverse Cycle Air-Conditioning, Open Parking - Motel, Covered Parking - Apartments, Inground Chlorine Pool, Gas Barbecue, Fire Rated
Turnover: 2019/20 $574,409; 18/19 $604,185; 2017/18 $518,649; 2016/17 $471,881 excl. GST
Clientele: Service Trades for Mining, Power Stations & Equine Industries; Passing Trade; Tourists; Weekend Visitors
Residence: Good residence for couple or small family. Two Bedrooms with built-in wardrobes, lounge/dining; bath/toilet, laundry, double lock-up garage. There is also a large 2 bedroom suite below residence which could be included in residence if required.
Comment: All aspects of this property are of good quality. The property overlooks the golf course and offers full self-catering facilities in some units. Suits the service trade for the area.
MQ Property ID:
4316760
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