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NSW
Sold on 27 Jun 2022

NSW

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

MOTEL FOR SALE - PRIME POSITION - SNOWY MOUNTAINS LOCATION

    Description: Established and well-maintained freehold motel situated on over 14,000m2 of garden and bushland. Quiet hilltop location. Motel has the best view in town.

    Rating: 3 Star

    Construction: Single storey, timber and brick construction with metal and fibro roof and fibre board partitions.

    Interior: 40 rooms - 19 of which are family rooms with multiple beds. Wide range of room configurations. Some rooms with valley views.

    Age of Building: 1969

    Residence: 3 bedroom owner or manager's cottage with kitchenette, lounge and private yard

    Clientele: Tourists, short break, local function, country trade, winter groups and bus trade.

    Land Area: 14,540 sqm approx.

    Tariffs: Single $129 up to $250; Double $129-$250; Family (4) $189 up to $499 (High rates Ski Season)

    Motel Laundry: Yes - Linen on site and some linen hired

    Restaurant: Large restaurant, lounge and bar with fireplace that is currently not used and offers a great opportunity for an operator.

    Services: Licenced, reverse cycle air-conditioning / heating, pool, BBQ, Wifi, restaurant, conference room, fireplace, pool table, dance floor, disco & Karaoke, covered courtyard parking, fire rated

    Turnover: 20/21 $859,016; 19/20 $755,981; 18/19 $648,095

    Comment: Successful business with solid returns and room for growth. Outstanding value.

    MQ Property ID:
    6936874

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    Property Highlights

    Date Sold27 Jun 2022
    Floor Area1 m²
    Land Area1.45 ha
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2017697968
    Category
    Last updated  9 Sep 2022
    Map for NSW

    Property Highlights

    Date Sold27 Jun 2022
    Floor Area1 m²
    Land Area1.45 ha
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2017697968
    Category
    Last updated  9 Sep 2022
    Suite 101, Level 1, 74-76 Burwood Road Burwood NSW 2134

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