MOTEL FOR SALE - ORANA REGION

Description: Ideally located opposite parklands and in close proximity to the city centre. Close to regional airport and all attractions. Many rooms fully renovated.

Turnover: 2023/24 $1,364,598

No. of Units: 27

Construction: Two storey brick construction with brick partitions and cliplock iron roof. Quality appointments throughout and internal partially refurbished. Varying configuration of room sizes.

Age: Built between 1983-84

Land Area: 2,145m2

Tariffs: Average Rate $220.09

Occupancy: 69.5%

Chain Affiliation: N/A

Restaurant: N/A - Motel Kitchen

Laundry: N/A

Services: Reverse cycle air-conditioning; microwave, tea and coffee making facilities in rooms; off-street parking; inground saltwater pool; Wi-fi; fully fire compliant

Residence: Large, spacious 3 bedroom residence in excellent condition above reception.

Comment: Amazing opportunity. Owners ready for retirement. Property enjoys plenty of repeat business.

MQ Property ID:
1P2925

overview

  • 1P2925
  • $7,595,000
  • Accommodation/Tourism
  • For Sale