MOTEL FOR SALE - PRIME POSITION - SNOWY MOUNTAINS LOCATION

SOLD

Description: Established and well-maintained freehold motel situated on over 14,000m2 of garden and bushland. Quiet hilltop location. Motel has the best view in town.

Rating: 3 Star

Construction: Single storey, timber and brick construction with metal and fibro roof and fibre board partitions.

Interior: 40 rooms - 19 of which are family rooms with multiple beds. Wide range of room configurations. Some rooms with valley views.

Age of Building: 1969

Residence: 3 bedroom owner or manager's cottage with kitchenette, lounge and private yard

Clientele: Tourists, short break, local function, country trade, winter groups and bus trade.

Land Area: 14,540 sqm approx.

Tariffs: Single $129 up to $250; Double $129-$250; Family (4) $189 up to $499 (High rates Ski Season)

Motel Laundry: Yes - Linen on site and some linen hired

Restaurant: Large restaurant, lounge and bar with fireplace that is currently not used and offers a great opportunity for an operator.

Services: Licenced, reverse cycle air-conditioning / heating, pool, BBQ, Wifi, restaurant, conference room, fireplace, pool table, dance floor, disco & Karaoke, covered courtyard parking, fire rated

Turnover: 20/21 $859,016; 19/20 $755,981; 18/19 $648,095

Comment: Successful business with solid returns and room for growth. Outstanding value.

MQ Property ID:
6936874

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