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217 Hume Highway
Greenacre NSW 2190
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Sold on 13 Sep 2023

217 Hume Highway Greenacre NSW 2190

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • Sold

BANKSTOWN MOTEL 10 - FOR SALE BY EXPRESSION OF INTEREST - 20 KM SOUTH WEST OF SYDNEY CBD

    EXPRESSIONS OF INTEREST CLOSE 4PM 4TH AUGUST, 2023

    Open for Inspection Every Wednesday between 11.00am and 1.00pm or by appointment - midday to early afternoon preferred.

    Description: Centrally located, 31 unit motel, close to Bankstown, Parramatta and Sydney Olympic Park areas - fast becoming the hub of Sydney for both business and sporting activities. Modern and beautifully presented.

    Rating: 4 star

    Construction: The building is 3 levels with brick and cladding external walls, concrete slab floors and flat cliplock roof. The construction is very modern and the property has quality street appeal.

    Interior: 31 high quality deluxe rooms of a 4 star boutique standard. Best quality and value accommodation in the area.

    Age of Building: Constructed in 2 stages in 1985 and 2015, the older section has been totally renovated to match the new 2015 build. Internal repaint 2023.

    Occupancy: Approx. 85%

    Residence: One bedroom self-contained Manager's flat

    Clientele: Corporate, Sporting Groups, Tourists, Olympic Park Functions & Events

    Land Area: 1,752 sqm

    Tariffs: Corporate Deluxe Room From $149; Twin Room From $169; Deluxe Twin
    Room From $189; Grande Family Room From $199

    Restaurant: Breakfast Room Adjacent to Reception Seats 15 Guests - Small Commercial Kitchen

    Motel Laundry: Full Commercial Laundry

    Services: Limited room service - breakfast, air-conditioned, Wifi, tea and coffee making facilities, on-site courtyard parking, fire rated

    Turnover: $1,250,000 in a normal trading year

    Comment: Rarely does a property of this standard and age become available in the Sydney Area. Easy to run business - mainly bed operation with very limited breakfast component. Quality first class presentation.

    Inspect with confidence - you will not be disappointed.

    MQ Property ID:
    7629294

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    Manenti Quinlan & Associates
    Manenti Quinlan & Associates
    Suite 101, Level 1, 74-76 Burwood Road
    Burwood, NSW 2134

    Property Highlights

    Date Sold13 Sep 2023
    Floor Area1 m²
    Land Area1,752 m²
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2018623146
    Category
    Last updated  25 Sep 2023
    Map for 217 Hume Highway Greenacre NSW 2190
    Manenti Quinlan & Associates
    Manenti Quinlan & Associates
    Suite 101, Level 1, 74-76 Burwood Road
    Burwood, NSW 2134

    Property Highlights

    Date Sold13 Sep 2023
    Floor Area1 m²
    Land Area1,752 m²
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2018623146
    Category
    Last updated  25 Sep 2023

    Co-Agents

    Ray Larkin
    Manenti Quinlan & Associates
    Call
    0407 220 116
    Malcolm Mathie
    Manenti Quinlan & Associates
    Call
    0417 254 395

    More about 217 Hume Highway Greenacre NSW 2190

    217 Hume Highway Greenacre NSW 2190 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1 m² and a land area of 1,752 m². The listing ID for this property is 2018623146.

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