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NSW
Sold on 17 Sep 2021

NSW

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

MOTEL FREEHOLD INCLUDING FULLY FURNISHED 4 BEDROOM HOUSE

    Description: As new motel + 4BR house next door. No comparable opposition in prosperous rural area. Quality inspection throughout.

    Star Standard: 3½ star

    Motel Construction: Two storey double brick construction with colorbond roof and concrete slab foundation. Brick room partitions. Solar panels on roof.

    Interior: Good medium size units and bathrooms. Quality modern appointments. All new smart televisions in rooms.

    Residence: 2 bedroom, 1 with walk-in, lounge/dining, bathroom, private deck, share kitchen, private yard, carport and garden shed. Pristine and modern. Joins reception.

    Age: 1998

    Clientele: Reps, tourists, passing trade.

    Land Area: 1,424m2

    Tariffs: Single $120-$140; Double $130-$155; Family (4) $180 - $200; Extra person $15

    Chain Affiliation: No

    Laundry: Domestic in residence. Linen Hired

    Restaurant: No

    Services: Room service breakfast, microwave ovens in all units, reverse cycle air-conditioning, parking in front of units, fire rated, DD phones.

    Turnover: 2020/21 $339,920; 2019/20 $218,791 (COVID-19 Year); 18/19 $299,734; 17/18 $289,703; 16/17 $270,917; 15/16 $271,016 net GST

    Occupancy: 51% approx.

    Comment: As new motel (+ 4BR house next door WIWO - all furniture and fixtures and fittings included) in very strong Central Tablelands rural town with no comparable opposition. Very easy to operate. Immaculate presentation. Excellent inspection.

    MQ Property ID:
    6426527

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    Property Highlights

    Date Sold17 Sep 2021
    Floor Area1 m²
    Land Area1,424 m²
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2016985774
    Category
    Last updated  17 Sep 2021
    Map for NSW

    Property Highlights

    Date Sold17 Sep 2021
    Floor Area1 m²
    Land Area1,424 m²
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2016985774
    Category
    Last updated  17 Sep 2021
    Suite 101, Level 1, 74-76 Burwood Road Burwood NSW 2134

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