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- 18 Oct 2016
MOTEL FOR SALE- PRIME NEWELL HWY FRONTAGE
Description: Prime Newell Highway frontage. Small B&B motel. Quality build. Good passing trade. Mining starting in this area.
AAA Rating: High 3½ star.
Construction: Single level brick & western red cedar with colorbond roof, brick wall partitions and concrete slab foundations. Good medium size units with appointments of high standard. Current owners have done a huge upgrade.
Residence: 3 bedroom with built-ins, lounge/dining,bathroom, share motel kitchen, laundry, double carport and small private yard. Very spacious residence. Adjoins reception.
Age: Built 1988 approx.
Clientele: Passing trade, some workers from new mine in the area (just starting), tourists, reps.
Land Area: 2,000sqm approx.
Tariffs: Single $58; Double $68; Extra Person $11.
Chain Affiliation: No
Laundry: Commercial washers, domestic dryers. All linen owned and done onsite.
Services: Room service, BBQ, pool, DD phones, WiFi, fire rated, air conditioning.
Occupancy: 50% approx.
Comment: Very well presented motel in country highway town. Handy to two major centres. Good exposure. Quality inspection.
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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