Large 39 Unit Motel For Sale - New England Region

Description: Large 39 unit Motel within an easy 2-minute walk to town CBD, cafe and restaurant precinct. Well-presented and maintained. Rates very highly on all websites.

Star Standard: 4 Star

Turnover: 23/24 $1,416,741; 22/23 $1,454,443

Construction: Rendered brick. Well maintained. Newly renovated. Excellent paintwork

Interior Description/Size: 39 well-presented rooms of varying configurations

Room for Expansion: Yes

Clientele: Corporate, Trades, Tourists, Equine

Land Area: 5,154m2 of which 1800m2 is currently vacant

Zoning: Commercial Core, Multi storey 45m height

Tariffs: Average Rate $184.45

Chain Affiliation: N/A

Restaurant: N/A - Close to cafes & restaurants & 450 metres to Services Club

Motel Kitchen: Yes

Motel Laundry: No

Guest Laundry: Yes

Services: Air conditioned; tea & coffee making facilities & microwave ovens; pool; barbecue; garden; Wi-fi; courtyard off-street parking

Occupancy: 55%

Comment: Outstanding business in a prime location. Represents an excellent investment. Inspection is highly recommended.

MQ Property ID:
1P2840