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Accommodation & Tourism business for sale in NSW

  • Accommodation & Tourism
  • NSW
  • Expression of Interest

Motel Leasehold For Sale - Stunning Ocean Views

Description: Centrally located motel in sought-after coastal area, adjacent to club with stunning ocean views. Quality presentation. Very easy to operate.

Star Standard: 4 star

Construction: Brick and tile, two level with concrete slab foundations and brick wall partitions. Pleasure to inspect. Excellent appointments of outstanding quality. Good variation of unit sizes.

Residence: 1 bedroom with built-in, share kitchen, lounge, dining room, bathroom, double lock-up garage. Residence adjoining reception. Comfortable and can be turned into 3 bedroom if required.

Age: Built 1990

Clientele: Corp Reps, Travelers, Local Workers, Tourists, Whale Watching, Cruise Ship Port

Land Area: 2,200sqm approx.

Tariffs: Standard Queen $140; Deluxe Twin $165; Deluxe Triple $185; Family $269

Chain Affiliation: No

Lease: To 31 March 2050. Rent $219,155 per annum + GST

Laundry: Full commercial equipment. Sheets & towels hired - remainder owned.

Restaurant: No, adjacent to club. Walk to Pub and restaurants.

Services: In-ground salt pool, split system air-conditioning, parking in front of rooms, commercial kitchen, Foxtel, fire rated

Turnover: 2020/21 $1,175,076; 2019/20 $781,486

Occupancy: 70% approx.

Comment: Town centre. Coastal Area. Magnificent ocean views and well-appointed modern rooms. Fantastic repeat clientele and easy to run B&B accommodation. Healthy turnover and a generous net profit make this a 'must see' property. Eden's best accommodation property.

MQ Property ID:
6473106

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

Business Highlights

Business ID2017063831
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Last updated  10 Jun 2021
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Ray Larkin
Manenti Quinlan & Associates
Ray Larkin
Manenti Quinlan & Associates

Business Highlights

Business ID2017063831
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  10 Jun 2021
Manenti Quinlan & Associates
Level 1, 105 Liverpool Road Enfield NSW 2136
Ray Larkin
Manenti Quinlan & Associates
Ray Larkin
Manenti Quinlan & Associates

Ask Ray Larkin about this business

Ray Larkin

Ray Larkin

Manenti Quinlan & Associates

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0407 220 116
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