MOTEL FOR SALE - POPULAR STOP-OVER BETWEEN SYDNEY & MELBOURNE

SOLD

Description: Colonial Style Motor Inn in popular stopover location.

Star Standard: 3.5 Star

Construction: Two Storey, brick and cladding construction with brick and plasterboard wall partitions. Medium to large well furnished rooms close to town amenities. 100m to licenced club.

Age: 20yrs

Land Area: 4,000 sqm approx.

Tariffs: Single $110-140; Double $120-$150; Family $140-$180; Extra Person $20

Chain Affiliation: Yes

Lease: No

Laundry: Two changes of Linen - As New. Guest Laundry.

Restaurant: Licenced Restaurant used for groups and breakfasts only. Only 100 metres walk to RSL Club.

Services: Restaurant, Licenced, Room Service, Air Conditioning / Ceiling Fans, ISD/STD Telephones, Internet Access, BBQ, Parking At Front of Units.

Turnover: $672,389 2019/20 (COVID-19) - $799,614 2018/19 - $826,696 2017/18

Clientele: High occupancy with both business travellers and inbound tourism.

Residence: 2 bedrooms with built-in wardrobes, lounge/dining, share kitchen, bathroom.

Comment: Prime town centre location. 100m to Services Club. Easy access to Hume Highway. Walk to all town facilities. Property has been a managed business since construction. Great potential for owner operator.

MQ Property ID:
4471458


Facebook
To receive updates via your Facebook newsfeed please click here, or visit www.facebook.com/ManentiQuinlan and like our page.

Twitter
To follow us on Twitter please click here or visit www.twitter.com/ManentiQuinlan

LinkedIn
To connect on LinkedIn click here or visit http://www.linkedin.com/company/manenti-quinlan-&-associates