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NSW
Sold on 15 Apr 2021

NSW

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

MOTEL FOR SALE - POPULAR COASTAL TOWN

    Description: Great motel. Only one in popular Mid North Coast town. Easy walk to club & restaurants - serviced by courtesy coach.

    Star Standard: 3.5 star (self-rated)

    Construction: 12 units. Single storey brick with iron roof and brick wall partitions. Medium size units & bathrooms with quality appointments spotless presentation. Excellent condition.

    Age: Built 1975 approx.

    Clientele: Reps, workers, short break and tourist trade.

    Land Area: 1,214sqm approx.

    Tariffs: Single $99-$110; Double $99-$110; Twin $120-$130

    Chain Affiliation: No

    Laundry: New heavy duty equipment. All linen owned and laundered onsite. 2 plus changes.

    Restaurant: No

    Services: Limited breakfast room service, reverse cycle air conditioning, microwave ovens, gas BBQ in covered area, parking in front of units, fire rated.

    Turnover: 2019/20 $278,286

    Occupancy: 63% over 3 years

    Residence: 2 bedroom. Lounge/dining, kitchen, bath/toilet, small yard, carport. Small residence, very convenient & well maintained joins reception.

    Comment: Beautifully maintained and furnished. Trades well all year round. First to inspect will buy.

    MQ Property ID:
    5633081

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    Property Highlights

    Date Sold15 Apr 2021
    Floor Area1 m²
    Land Area1,214 m²
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2016327345
    Category
    Last updated  5 May 2021
    Map for NSW

    Property Highlights

    Date Sold15 Apr 2021
    Floor Area1 m²
    Land Area1,214 m²
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2016327345
    Category
    Last updated  5 May 2021

    Listed by

    Ray Larkin
    Manenti Quinlan & Associates
    Call
    0407 220 116

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