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Cooma NSW 2630
Sold on 1 Jan 1970

Cooma NSW 2630

  • Hotel, Motel, Pub & Leisure
  • Sold

A high-performing Freehold Going Concern in the heart of Cooma | Resort Brokers ID : FH007738

    A premium motel in the centre of Cooma, this Freehold Going Concern produces consistent revenue with exciting growth opportunities. Altair Motel boasts 13.7% ROI with mostly corporate trade, providing repeat customers and profitability. With 19 modern rooms, the motel offers rare contemporary accommodation in the heart of Cooma.

    The twenty-four-seat restaurant with an entertaining deck presents a second revenue stream or motel expansion opportunities (STCA). Altair Motel lends itself to off-site management and keyless entry systems, providing additional revenue opportunities by converting the three-bedroom owner's residence (STCA).

    - Over 70% occupancy from mostly corporate trade
    - 13.7% ROI
    - 19 recently renovated rooms with a contemporary design
    - 2,024 sqm block with city views
    - Prime location in the centre of  Cooma
    - Motel expansion opportunities (STCA)
    - 24-seat licensed restaurant
    - Inspections strictly by appointment only

    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Date Sold1 Jan 1970
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018550688
    Category
    Last updated  7 Feb 2024
    Map for Cooma NSW 2630
    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Date Sold1 Jan 1970
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018550688
    Category
    Last updated  7 Feb 2024

    Co-Agents

    More about Cooma NSW 2630

    Cooma NSW 2630 is categorized as Hotel, Motel, Pub & Leisure Property. The listing ID for this property is 2018550688.

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