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- 18 Oct 2016
MOTEL FOR SALE- BARGAIN BUY- SMALL FREEHOLD
Description: Bargain buy! Small freehold cheaper than a house. Immaculate presentation. Mining is starting outside the town. Buy now and reap the rewards.
Self Rated: 3 Star.
Construction: Single level besser block with iron roof and block wall partitions. Good variation of unit sizes. Immaculate presentation with very good quality appointments.
Residence: 1 bedroom with open plan lounge/dining, bathroom garage/workshop, share kitchen and private yard. Excellent condition but at this stage would suit a couple only. Joins reception.
Age: Built 1974 - 1995 approx.
Clientele: Tourists, passing trade, workers
Land Area: 2,500sqm approx.
Tariffs: Single $75-$80; Double $85-$95; Family (4) $120; Extra Person $15
Chain Affiliation: No
Laundry: Domestic onsite. All linen owned and done onsite.
Services: Room service breakfast, microwaves, split air-conditioning, BBQ, fire rated.
Turnover: 2013/2014 $305,872 net GST
Comment: Delightfully presented small motel on Newell Highway in escalating mining area. Excellent opportunity to increase trade. Inspection highly recommended.
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1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information