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Wellington NSW 2820

Wellington NSW 2820

  • Hotel, Motel, Pub & Leisure
  • For Sale, $4,000,000 (GST na)

23 ROOM MOTEL FOR SALE + 2 COUNTRY HOUSES AND LARGE BLOCK OF LAND - CENTRAL WESTERN SLOPES NSW

    Description: Smart 23 room motel inclusive of 2 large country houses and a large block of land that can be subdivided.

    Construction: Attractive brick and tile construction - 23 rooms. Single and double storey. Well maintained and well presented. Various room sizes and configurations.

    Turnover: 2022/23 $305,695; 21/22 $272,122; 20/21 $340,781
    Note: Income from the 2 Houses $1,100 not included in the P&L

    Star Standard: 3 Star

    Occupancy: 59%

    Age: Built 1970s

    Residence: Manager currently lives on Whiteley Street. However, Room 38 could be converted to Manager's Residence. Current residence is small but comfortable.

    Land Area: Close to 4,000m2 Approx. (Motel + 2 Houses + Block of Land)

    Tariffs: Queen Room From $125; Family Room From $145; Single Room From $100

    Laundry: Commercial appliances

    Services: Reverse cycle air-conditioning; meeting room with capacity for 20 people; barbecue; playground; wi-fi; open courtyard parking; fire rated; all rooms include microwave oven and tea and coffee making facilities.

    Comment: Five minutes walk to town. Currently all bookings are by telephone only. There is no Front of House System in place and no social media platform in use. Huge opportunity with untapped potential.

    MQ Property ID:
    1P2742

    Property Highlights

    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019031576
    Category
    Last updated  5 Feb 2024
    Map for Wellington NSW 2820

    Property Highlights

    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019031576
    Category
    Last updated  5 Feb 2024

    Co-Agents

    Ray Larkin
    Manenti Quinlan & Associates
    Call
    0407 220 116
    Jeremy Cusack
    Manenti Quinlan & Associates
    Call
    0418 281 014

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