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NSW
Sold on 22 Jun 2023

NSW

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

MOTEL FOR SALE - SOLID TRADING TOWN WITH EXCELLENT FUTURE - RIVERINA AREA

    Description: Motel in solid trading town with excellent future. Very well maintained. Vendors have continually up-graded over the past 20 years.

    Star Standard: 3.5 star

    Construction: 26 units. Single level brick and tile construction with brick partitions. Well maintained. Paintwork as new.

    Interior: Medium sized rooms. Comfortable 3.5 star fitout. Beds in good condition. Bathrooms have been refitted.

    Land: Approx. 3,000m2

    Residence: 1 Bedroom, Lounge, Bathroom, Carport

    Clientele: Reps and corp, local trade workers, group trade, forestry and snow skiers, tourists

    Tariffs: Single $140 - $145; Double $140 - $155; Family (4) $200 - $240

    Laundry: Full commercial laundry. Sheets hired. Guest laundry.

    Restaurant: 50 seat

    Services: Room service (breakfast only), commercial kitchen, conference facilities, split system air conditioning, tea and coffee making facilities (microwave ovens available), BBQ, pool, playground, internet, Austar, parking in front of units, fire rated.

    Turnover: 2021/22 $855,391; 2020/21 $768,133; 2019/20 $633,915

    Comment: Solid trading town with excellent future. Main industry: Visy Board, Forestry & Snowy Power. Also has snow trade in winter. Good access to Tumbarumba which is a growth food and wine region.

    MQ Property ID:
    6466336

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

    Property Highlights

    Date Sold22 Jun 2023
    Floor Area1 m²
    Land Area3,000 m²
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2017051677
    Category
    Last updated  25 Jul 2023
    Map for NSW
    Manenti Quinlan & Associates
    Manenti Quinlan & Associates
    Suite 101, Level 1, 74-76 Burwood Road
    Burwood, NSW 2134

    Property Highlights

    Date Sold22 Jun 2023
    Floor Area1 m²
    Land Area3,000 m²
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2017051677
    Category
    Last updated  25 Jul 2023

    Co-Agents

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

    More about NSW

    NSW is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1 m² and a land area of 3,000 m². The listing ID for this property is 2017051677.

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