LARGE 39 UNIT MOTEL FOR SALE - NEW ENGLAND REGION
$9,995,000
Description: Large 39 unit Motel within an easy 2-minute walk to town CBD, cafe and restaurant precinct. Well-presented and maintained. Rates very highly on all websites.
Star Standard: 4 Star
Turnover: 23/24 $1,416,741; 22/23 $1,454,443
Construction: Rendered brick. Well maintained. Newly renovated. Excellent paintwork
Interior Description/Size: 39 well-presented rooms of varying configurations
Room for Expansion: Yes
Clientele: Corporate, Trades, Tourists, Equine
Land Area: 5,154m2 of which 1800m2 is currently vacant
Zoning: Commercial Core, Multi storey 45m height
Tariffs: Average Rate $184.45
Chain Affiliation: N/A
Restaurant: N/A - Close to cafes & restaurants & 450 metres to Services Club
Motel Kitchen: Yes
Motel Laundry: No
Guest Laundry: Yes
Services: Air conditioned; tea & coffee making facilities & microwave ovens; pool; barbecue; garden; Wi-fi; courtyard off-street parking
Occupancy: 55%
Comment: Outstanding business in a prime location. Represents an excellent investment. Inspection is highly recommended.
MQ Property ID:
1P2840
- Suburb  
- Region New England - North West
- Property Type Accommodation/Tourism
- Status For Sale
- Property ID 1P2840