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NSW

  • Hotel / Leisure
  • 1 m²
  • For Sale, $2,100,000

MOTEL FOR SALE - 2 HRS FROM SYDNEY - PRIME HIGHWAY LOCATION

Prime highway location only 2 hours from Sydney. Strong growth region. Very easy operation.

Star Standard: 3.5 star

Construction: 17 units - single storey. Brick and cladding construction with tile roof and brick wall partitions. Very well maintained and presented. Paintwork and structure in excellent condition.

Interior: Newly renovated guest rooms including new roomy bathrooms. Carpets and beds 'as new'. Great inspection.

Age of Building: Approx. 35 Years

Land Area: Approx. 2,800m2

Tariffs: Single $128; Double $133; Family (4) $143-$153; Extra Person $25

Turnover: 2018/19 $405,610 incl. GST

Chain Affiliation: No

Laundry: Commercial. Linen owned and laundered on site - 2.5 changes of linen in 'as new' condition

Restaurant: Yes - Breakfast & Dinner - Monday to Thursday - Licensed Bar / Lounge area with fireplace

Services: Room service (breakfast and dinner - Monday to Saturday), reverse cycle air-conditioning & heaters, conference / meeting facilities, telephones for room service, internet, microwave ovens, barbecue and outdoor entertaining area, on-site parking, parking for boats and trailers, guest laundry, fire rated.

Occupancy: 55%

Residence: 2x residences - one bedroom manager's apartment with own kitchen, dining and lounge area and two bedroom owner's residence.

Comment: Potential to lift income considerably.

MQ Property ID:
4986510

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Property Highlights

Property ID2015517949
Floor Area1 m²
Land Area2,800 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  12 Aug 2019
Map for NSW
Manenti Quinlan & Associates
Level 1, 105 Liverpool Road Enfield NSW 2136

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