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NSW

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, $599,000 (GST na)

MOTEL FOR SALE - WEALTHY AGRICULTURAL AREA

    Description: Small freehold. Ideal business for couple to operate. Busy highway location in wealthy agricultural area. Located within easy walk to club and hotels. New signage. New roof on motel and sheds.

    Star Standard: High 3 star

    Construction: Single level steel frame - hardiplank construction with clip-lock roof and brick wall partitions. Very good condition for age - paint good. Full security coverage. 88 solar panels on roof

    Interior: 12 units - good variation of unit sizes including large family suites. Delightful inspection - meticulously maintained. New beds, blankets and bed covers.

    Age: Built 1975 approx.

    Clientele: Reps, agricultural workers, mining trade, passing business, tourists.

    Land Area: 4,000sqm approx.

    Tariffs: Single $69-$89; Double $99; Family (4) $129; Extra person $20

    Chain Affiliation: No

    Lease: No

    Laundry: Domestic equipment - 2 washers and 6 dryers. Linen owned and in excellent condition - laundered on site

    Restaurant: No. Short walk to pubs and club.

    Services: Room service breakfast and dinner, covered parking next to units, in-ground pool, gas BBQ, 3 units with cooking facilities and all rooms have microwave ovens, air-conditioning - new split systems in family units, fire rated.

    Turnover: 19/20 $163,314; 18/19 $168,769; 17/18 $168,761

    Residence: 3 bedroom with built-ins, share motel kitchen, lounge/dining, bathroom, shed/workshop and large private yard with carport. Spacious family residence with reception included. New awnings over office, kitchen and main bedroom.

    Comment: A great starter. Consistent performer. Only motel in village. Very wealthy area. Close to QLD border. Easy walk to club & pub.

    MQ Property ID:
    5327550

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    Property Highlights

    Property ID2016146051
    Floor Area1 m²
    Land Area4,000 m²
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  29 Sep 2020
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    • Purchase price

      $
      599,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Manenti Quinlan & Associates
    Level 1, 105 Liverpool Road Enfield NSW 2136

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