MOTEL FOR SALE - WEALTHY AGRICULTURAL AREA

$645,000 WIWO

Description: Small freehold. Ideal business for couple to operate. Busy highway location in wealthy agricultural area. Located within easy walk to club and hotels. New signage. New roof on motel and sheds.

Star Standard: High 3 star

Construction: Single level steel frame - hardiplank construction with clip-lock roof and brick wall partitions. Very good condition for age - paint good. Full security coverage. 88 solar panels on roof. New signage,

Interior: 12 units - good variation of unit sizes including large family suites. Delightful inspection - meticulously maintained. New beds, blankets and bed covers.

Age: Built 1975 approx.

Clientele: Reps, agricultural workers, mining trade, passing business, tourists.

Land Area: 4,000sqm approx.

Tariffs: Single $69-$89; Double $99; Family (4) $129; Extra person $20

Chain Affiliation: No

Lease: No

Laundry: Domestic equipment - 2 washers and 6 dryers. Linen owned and in excellent condition - laundered on site

Restaurant: No. Short walk to pubs and club.

Services: Room service breakfast and dinner, covered parking next to units, in-ground pool, gas BBQ, 3 units with cooking facilities and all rooms have microwave ovens, air-conditioning - new split systems in family units, fire rated.

Turnover: 6 Mths to December 2020 $116,247; 19/20 $163,314; 18/19 $168,769; 17/18 $168,761

Residence: 3 bedroom with built-ins, share motel kitchen, lounge/dining, bathroom, shed/workshop and large private yard with carport. Spacious family residence with reception included. New awnings over office, kitchen and main bedroom.

Comment: A great starter. Consistent performer. Only motel in village. Very wealthy area. Close to QLD border. Easy walk to club & pub.

MQ Property ID:
5327550


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