MOTEL FOR SALE - POPULAR BLUE MOUNTAINS AREA - CLOSE TO SYDNEY
$4,500,000
Description: Beautiful Blue Mountains location. Popular with tourists and golfers alike - close to Sydney.
Star Standard: 4 Star self-rated
Construction: Two storey cement rendered with brick partitions and tile roof. Well maintained - was recently repainted after fires.
Interior: Spacious, comfortably appointed rooms.
Age: Built 1980
Land Area: 2 acres
Turnover: 2019-20 $601,763; 18/19 $711,207
Tariffs: Single $120-$145; Double $130-$165; Family (4) $180-$300; Extra Person $25
Clientele: Tourists, golfers, reps, passing trade
Chain Affiliation: No
Laundry: Commercial laundry. All linen is hired - 2 plus changes on site.
Restaurant: Yes - licenced
Services: Air-conditioned, 3 x function rooms, heated indoor pool, sauna, barbecue, tennis court, playground, Wifi, guest laundry, parking, fire rated
Residence: 2 bedroom with built-in wardrobes, lounge, dining, own kitchen, bathroom, toilet. Ideal for Management or small family. Roomy and comfortable.
Comment: Popular tourist and golf location. Area has many tourist walking tracks and motel offers good quality mid range accommodation within 90 minutes of Sydney. Fully managed - has potential to greatly increase trade with a competent owner operator.
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