MOTEL LEASEHOLD FOR SALE - ORANA REGION

$425,000

Spotless, well-run motel, 20 minutes to Dubbo and next to the local Golf Club. Well supported by trades, travellers, reps, combined with infrastructure projects, solar farms and inland rail.

Turnover: 2022/23 $387,462; 21/22 $341,430; 20/21 $319,412

Lease Term: 15 Years (to October, 2039) plus an extra 5 years

Rent: $7,120.29 Plus GST Per Month; $85,443.48 Per Annum Exclusive of GST

Star Standard: 3.5 Star

Construction: Tile & Bessa Block

Age of Building: 60 Years

Condition of Building: Good Condition. Well Maintained.

No. of Units: 21 (All Ground Floor)

Interior Description: Well presented. Varying configurations

Room for Expansion: Yes

Land Area: 2,066m2 (Approx.)

Occupancy: 68%

Tariffs: From $99
'
Clientele: Well supported by trades, travellers, reps.

Laundry: Yes - all linen laundered on site. Guest Laundry - Coin-operated

Services: Room service - continental breakfast; split system air-conditioning in 15 rooms, reverse cycle air-conditioning in 6 rooms; microwave oven, kettle, etc. in all rooms; salt water pool; under cover barbecue; fully fenced children's play area; well presented garden; fully sealed open courtyard parking; WiFi; 90-100 Solar Panels (46kW).

Comment: Be quick! Ticks all the boxes.

MQ ID No. 1P2797