MOTEL FOR SALE - SOLID TRADING TOWN WITH EXCELLENT FUTURE - RIVERINA AREA

SOLD

Description: Motel in solid trading town with excellent future. Very well maintained. Vendors have continually up-graded over the past 20 years.

Star Standard: 3.5 star

Construction: 26 units. Single level brick and tile construction with brick partitions. Well maintained. Paintwork as new.

Interior: Medium sized rooms. Comfortable 3.5 star fitout. Beds in good condition. Bathrooms have been refitted.

Land: Approx. 3,000m2

Residence: 1 Bedroom, Lounge, Bathroom, Carport

Clientele: Reps and corp, local trade workers, group trade, forestry and snow skiers, tourists

Tariffs: Single $140 - $145; Double $140 - $155; Family (4) $200 - $240

Laundry: Full commercial laundry. Sheets hired. Guest laundry.

Restaurant: 50 seat

Services: Room service (breakfast only), commercial kitchen, conference facilities, split system air conditioning, tea and coffee making facilities (microwave ovens available), BBQ, pool, playground, internet, Austar, parking in front of units, fire rated.

Turnover: 2021/22 $855,391; 2020/21 $768,133; 2019/20 $633,915

Comment: Solid trading town with excellent future. Main industry: Visy Board, Forestry & Snowy Power. Also has snow trade in winter. Good access to Tumbarumba which is a growth food and wine region.

MQ Property ID:
6466336


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