MOTEL FOR SALE - BUSY SOUTH COAST SERVICE CENTRE - VALUE FOR MONEY
SOLD
Older style budget motel in busy south coast service centre. Extremely good value for money at $40,000 per unit. Smaller units in good condition for age. Has had improvements over the years.
Rating: 3 star
Construction: 28 unit brick construction with cliplock roof and brick partitions in good condition. Possible extra 3 units.
Residence: Large 3 Bedroom family residence with carport
Age: Built approx. 1960
Land Area: 3,300 square metres approx.
Tariffs: Single/Double $85-$98; Family $115; Extra Person $10
Turnover: $327,000
Laundry: Full commercial laundry. Sheets hired - remained owned on site.
Restaurant: 50 seat (closed), licenced.
Services: Split system air-conditioning plus window air-conditioners; ample parking in front of building.
Occupancy: 45%
Clientele: Trade workers, travellers, hospital, tourists, truckies.
Comment: Motel has the ability to open more rooms, a fantastic opportunity to increase turnover. Older style motel, which would benefit a hands-on owner with consistent turnover over last few years.
MQ Property ID:
3982705
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- Suburb  
- Region Far South Coast
- Property Type Accommodation/Tourism
- Status For Sale