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Sold on 13 Aug 2021

NSW

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • Sold

MOTEL FOR SALE - MID NORTH COAST - 10 ACRES - TREE CHANGE

    Description: 10 Acres only three minutes from town centre.

    Star Standard: 3 star

    Construction: Single storey brick / rendered with brick partitions and tin roof. Neat and tidy - 20 units

    Age: Approx. 25 Years

    Clientele: Interstate travellers, workers, sports groups

    Land Area: 10 acres.

    Tariffs: Single $90; Double $110; Family $150; Extra Person $10 - fold out bed.

    Chain Affiliation: N/A

    Occupancy: 65% - 70% Approx.

    Laundry: Well equipped. All linen hired. Small guest Laundry.

    Restaurant: Yes - 30 Seat - Not currently operating

    Services: Licenced, Room Service if required, spotless functional Kitchen, Reverse Cycle Air-Conditioning, Pool, Barbecue, Microwave ovens, Full Cooking Facilities in 4 Units, Playground, Parking at front of rooms, parking for boats, trailers and trucks, Wifi, Foxtel, Telephones all rooms, Fire Rated.

    Turnover: 18/19 $382,342; 17/18 $372,009; 16/17 $453,402; 15/16 $435,605

    Residence: 1 bedroom with own kitchen, very large lounge, bathroom, 2 toilets, enclosed yard, 2 single lock-up garages (currently used for garden equipment and tool storage.

    Comment: The property is currently a managed business. There is considerable up-side for a family or couple to improve the business. Property does need some TLC.

    MQ Property ID:
    5050149

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    Ray Larkin
    Manenti Quinlan & Associates
    Ray Larkin
    Manenti Quinlan & Associates

    Property Highlights

    Property ID2015673480
    Date Sold13 Aug 2021
    Floor Area1 m²
    Land Area4.05 ha
    ParkingOn site parking available
    Building TypeWhole building
    Category
    Last updated  17 Aug 2021
    Ray Larkin
    Manenti Quinlan & Associates
    Ray Larkin
    Manenti Quinlan & Associates

    Property Highlights

    Property ID2015673480
    Date Sold13 Aug 2021
    Floor Area1 m²
    Land Area4.05 ha
    ParkingOn site parking available
    Building TypeWhole building
    Category
    Last updated  17 Aug 2021
    Manenti Quinlan & Associates
    Level 1, 105 Liverpool Road Enfield NSW 2136
    Ray Larkin
    Manenti Quinlan & Associates
    Ray Larkin
    Manenti Quinlan & Associates
    Ray Larkin

    Ray Larkin

    Manenti Quinlan & Associates

    0407 *** ***
    0407 220 116

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