MOTEL FREEHOLD FOR SALE - SNOWY VALLEYS

Reduced from $1,190,000 to $1,095,000

Description: Well maintained and presented, small secluded property offering tranquility in Snowy Valleys Region.

Construction: Single Level Brick and Tile Construction

Star Standard: 3 Star

Occupancy%: 50-59% Average over the last 3 years

Turnover: 2023/24 $183,582.01; 22/23 $201,110.58; 21/22 $155,300.62 (Impacted by COVID-19 lockdown); 20/21 $285,538.50

Age of Building: 40 Years Plus

Clientele: Mixed clientele - leisure, workers, passing trade

Residence: Motel room - joins motel laundry and kitchen

Land Area: 1,766m2 (Approx.)

Restaurant: No - RSL is next door and a short stroll to local cafes and bakery

Services: Reverse cycle air-conditioning; on-site parking; barbecue area; garden; Wi-fi; fire rating

Comment: Good sized block of land with opportunity to expand.

MQ Property ID:
1P2730