MOTEL FREEHOLD INCLUDING FULLY FURNISHED 4 BEDROOM HOUSE

SOLD

Description: As new motel + 4BR house next door. No comparable opposition in prosperous rural area. Quality inspection throughout.

Star Standard: 3½ star

Motel Construction: Two storey double brick construction with colorbond roof and concrete slab foundation. Brick room partitions. Solar panels on roof.

Interior: Good medium size units and bathrooms. Quality modern appointments. All new smart televisions in rooms.

Residence: 2 bedroom, 1 with walk-in, lounge/dining, bathroom, private deck, share kitchen, private yard, carport and garden shed. Pristine and modern. Joins reception.

Age: 1998

Clientele: Reps, tourists, passing trade.

Land Area: 1,424m2

Tariffs: Single $120-$140; Double $130-$155; Family (4) $180 - $200; Extra person $15

Chain Affiliation: No

Laundry: Domestic in residence. Linen Hired

Restaurant: No

Services: Room service breakfast, microwave ovens in all units, reverse cycle air-conditioning, parking in front of units, fire rated, DD phones.

Turnover: 2020/21 $339,920; 2019/20 $218,791 (COVID-19 Year); 18/19 $299,734; 17/18 $289,703; 16/17 $270,917; 15/16 $271,016 net GST

Occupancy: 51% approx.

Comment: As new motel (+ 4BR house next door WIWO - all furniture and fixtures and fittings included) in very strong Central Tablelands rural town with no comparable opposition. Very easy to operate. Immaculate presentation. Excellent inspection.

MQ Property ID:
6426527

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