Description: 20 Year Lease. Newly refurbished guest rooms - modern and comfortable with stunning views over Lake Jindabyne. Very well maintained. Paint & furniture all in excellent condition.
Star Standard: 3.5 star
Construction: 2 level brick and tile construction with brick partitions. Building has been fully renovated throughout. 25 Motel Units plus 3BR Apartment.
Age: 30 Years Approx.
Clientele: Tourists, ski groups, weddings, preferred Government Supplier of Accommodation
Land Area: 2,683sqm approx.
Tariffs: Motel Rooms $126 to $320 Per Night; 3 BR Apartment $340 to $1,000 Per Night
Lease: 21 years
Rent: $180,000 Per Annum
Services: 70 seat restaurant, licensed; central heating; parking; games room; disabled lift; guest lounge; wifi; full commercial kitchen; guest laundry
Turnover: 22/23 $1,172,833.43; 21/22 $616,025.46
Comment: This property has a restaurant and bar with panoramic views over the Snowy Mountains and Lake Jindabyne and also offers wedding and function facilities through the non-snow season. 21 year lease term in an area that is becoming a very popular destination for holidays and short break travellers. Not to be missed!
MQ Property ID:
7790802
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