Coonabarabran NSW 2357

Description: Motel of excellent standard. Very well built and located in one of the best positions in town. Priced to sell. Rare investment opportunity.

Star Standard: 3.5 Star

Turnover: 2024/25 $775,696; 2022/23 $744,050

Lease Term: New 35 Year Lease

Rent: $21,000 + GST Per Month; $252,000 + GST Per Annum

Construction: Single storey brick building with tiled roof. Very well constructed.

Age: Built 1983

Land Area: 4,000m2 (Approx.)

Tariffs: From $130 (Single) to $220 (Family), Extra Person $15

Chain Affiliation: N/A

Residence: 3 bedrooms, each with built-ins, master bedroom with ensuite. Own kitchen, Lounge, bathroom, office, den, large private balcony, private yard, double carport. Hard to find anything bettter. Exceptional family residence that adjoins reception.

Restaurant: N/A

Laundry: Full commercial in excellent condition

Services: Room service Breakfast; reverse cycle air-conditioning plus ceiling fans; rooms include microwave oven, toaster and tea and coffee making facilities; inground salt pool; barbecue facilities; garden; Wi-fi; large fully commercial kitchen; fully commercial laundry in excellent condition; parking in front of units

Occupancy: 50%

MQ Property ID: 1P2981