MOTEL FOR SALE - EXCELLENT POSITION - BLUE MOUNTAINS LOCATION - HUGE POTENTIAL

SOLD

Description: Amazing location - character and charm that could be greatly enhanced with upgrading. Best possible location.

Rating: 3.5 star

Construction: Two storey brick and tile construction. Older building that needs refurbishment but offers true mountains character.

Interior: Rooms range in size between 20m2 and 40m2 - in need of refurbishment but have potential.

Residence: 1 bedroom small managers residence. Possible to make it larger if required.

Age: 1917 & 1970

Clientele: Tourists, short break, local function and country trade

Land Area: 1,922 sqm approx.

Tariffs: Single $118; Double $148-$210; Family (4) $238

Laundry: Linen is hired

Restaurant: Commercial kitchen - 50 seat restaurant and 80 seat theatre seating not currently used

Services: Licenced, air-conditioned, pool, BBQ, Wifi, playground, 19 parking spaces, fire rated

Turnover: $350,000 Current; $700,000 pre COVID19

Comment: Great Potential. CBD location next to new club. Walk to all town amenities. Could be best mid range motel in area with work.

MQ Property ID:
6924314

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