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- Hotel / Leisure
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- 17 Mar 2017
MOTEL FOR SALE- NEW ENGLAND HWY FRONTAGE
Description: New England Highway frontage. Very well presented. Small Motor Inn. Ideal for couple to operate. Strong year round business.
AAA Rating: 3½ star
Construction: Single level double brick with tile roof and brick wall partitions. Good to medium sized units and bathrooms. Quality appointments. 2 large family units. Good paint work. No building movement.
Residence: 3 bedroom, 1 with built-ins, lounge, dining, bathroom, small private yard, share kitchen. Ideal family residence. Joins reception.
Age: Built 1985
Clientele: Workers, reps, passing trade, tourists.
Land Area: 1/2 acre approx.
Tariffs: Single $87; Double $99; Family (4) $139; Extra Person $20
Chain Affiliation: No
Laundry: Commercial laundry. All linen done on site.
Services: Room service, microwaves, BBQ, fire rated, solar electric water heater.
Turnover: 14/15 $213,000 - 13/14 $200,000 - 12/13 $178,004 - 11/12 $186,297 10/11 $183,296 net GST
Occupancy 54.8% approx.
Comment: This is a very tidy, easy run motel with good residence. New England Highway frontage. Reliable, steady and consistent trader. Ideal starter.
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