MOTEL LEASEHOLD FOR SALE - NORTH-CENTRAL NEW SOUTH WALES

$1,200,000

Description: Best 4 star motel in town. Strong regional centre rich in mining and agriculture. Strong level of repeat clientele.

Star Standard: 4 Star

Lease Term: 24 Years Remaining

Rent: $458,567

Turnover: 2023/24 $1,409,535; 22/23 $1,402,819

Construction: Rendered finish with colorbond roof. Good quality building of a high standard

Interior Description: Smart, modern motel

Age: 16 Years

Clientele: Families, trades and reps - corporate and leisure travellers - strong level of repeat clientele

Land Area: 3,683m2 (Approx.)

Tariffs: From $215 to $409 per night. Average rate $210

Chain Affiliation: N/A

Restaurant: Full restaurant, dining and conference area. Commercial kitchen.

Laundry: Motel laundry and self-serve guest laundry

Services: Air-conditioned; room service; garden; Wi-fi; undercover parking

Residence: 4 bedroom with 3 built-ins, lounge, dining, laundry, own kitchen

Comment: Popular with families, trades and reps. Ticks all the boxes for both corporate and leisure travellers.

MQ ID No.
1P2876