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- 23 Dec 2016
MOTEL FOR SALE- PROSPEROUS RURAL CENTRE
Description: Prosperous rural centre B&B motel in CBD location. Immaculately presented property. Very busy family business.
AAA Rating: 3 star
Construction: 20 units. Two storey brick motel with brick wall partitions and tiled roof on motel and clip-lock roof on residence. Medium sized units. Very good quality appointments. Spotlessly maintained. New flat-screen televisions. Paintwork as new.
Residence: 3 bedroom, 1 with built-ins, lounge/dining, sun room, bathroom, share kitchen, private yard and carport. Very good family residence. Adjoins reception.
Age: Built 1960
Clientele: Reps, local worker trade, local tourism, passing trade.
Land Area: 1/2 acre approx.
Tariffs: Single $80; Double $90- $99; Family (4) $120; Extra person $12
Chain Affiliation: No
Laundry: Domestic heavy duty. Sheets and towels hired, remainder done on-site.
Restaurant: N/A - Breakfast to units.
Services: Room service breakfast, in-ground pool, BBQ, Foxtel, fire rated, split air-conditioning.
Turnover: $15,000 - $20,000 per month
Occupancy: 43% approx.
Comment: Very tidy well-presented motel with excellent family residence. Sudden serious illness has forced long term owners to offer this property to the market. Excellent entry level business.
MQ Property ID:
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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