MOTEL FOR SALE - MID NORTH COAST - 10 ACRES - TREE CHANGE
SOLD
Description: 10 Acres only three minutes from town centre.
Star Standard: 3 star
Construction: Single storey brick / rendered with brick partitions and tin roof. Neat and tidy - 20 units
Age: Approx. 25 Years
Clientele: Interstate travellers, workers, sports groups
Land Area: 10 acres.
Tariffs: Single $90; Double $110; Family $150; Extra Person $10 - fold out bed.
Chain Affiliation: N/A
Occupancy: 65% - 70% Approx.
Laundry: Well equipped. All linen hired. Small guest Laundry.
Restaurant: Yes - 30 Seat - Not currently operating
Services: Licenced, Room Service if required, spotless functional Kitchen, Reverse Cycle Air-Conditioning, Pool, Barbecue, Microwave ovens, Full Cooking Facilities in 4 Units, Playground, Parking at front of rooms, parking for boats, trailers and trucks, Wifi, Foxtel, Telephones all rooms, Fire Rated.
Turnover: 18/19 $382,342; 17/18 $372,009; 16/17 $453,402; 15/16 $435,605
Residence: 1 bedroom with own kitchen, very large lounge, bathroom, 2 toilets, enclosed yard, 2 single lock-up garages (currently used for garden equipment and tool storage.
Comment: The property is currently a managed business. There is considerable up-side for a family or couple to improve the business. Property does need some TLC.
MQ Property ID:
5050149
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- Suburb  
- Region Mid North Coast
- Property Type Accommodation/Tourism
- Status For Sale