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Motel Leasehold In Strongest Motel Town In The Riverina For Sale

New South Wales, Australia
Asking Price:
Leasehold $440,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Recently refurbished town centre motel

Rating: 3.5 star

Construction: 42 units. Single & double storey brick construction with colorbond roof and brick wall partitions. 1967-71 construction - sound for age - excellent paintwork.

Interior: 2013-14 front 29 rooms had full refurbishment -all appointments of good quality.

Residence: 2 bedrooms with built-in wardrobe. Lounge/dining, bath/toilet, back office. Good residence -joins reception.

Age: Built 1967-71 approx.

Tariffs: Single $99; Double $115; Family of 4$130; Extra Person $15

Chain Affiliation: Orbit

Lease: Expires September, 2032 (15 Years)

Rent: $13,577 per month incl GST

Laundry: Commercial equipment. All linen owned on site.

Restaurant: Seats 100 - Groups Only

Services: Room service (breakfast), reverse cycle air-conditioning, gas barbecue, parking in front of units, fire rated.

Occupancy: 40% approx.

Comment: Large motel on major interstate highway. Well presented in town centre. Units mainly ground floor. Recently had refurbishment. Plenty of room for growth. Very sound inspection.

Clientele: Reps, Interstate Travellers, Bus Groups, Truckies, Tourists.

MQ Property ID:

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