, Ballina NSW

For Sale



Description: One of the best. Far North Coast location. Mix of motel and backpackers accommodation. Very easy business to run. Booming trade increasing every year.
AAA Rating: 3½ star rated
Construction: Brick & tile single level with concrete slab foundations and brick wall partitions. Medium sized units with good quality appointments. Clean and very well maintained.
Residence: 3 bedroom, 1 with ensuite, 2 with built-ins, 1 with walk in robe. Share kitchen for motel, lounge/dining, rumpus/TV room, 2 bathrooms, double lock-up garage. Large family residence - joins reception.
Age: Built 1988
Clientele: Large tourist trade, some reps, visitor trade.
Land Area: 2060sqm approx.
Tariffs: Single $82 - $120; Double $90 - $135; Family (4) $125 - $165; Extra Person $15; Backpacker $20 - $25 per night.
Chain Affiliation: No
Lease: No
Laundry: Linen all hired. Guest laundry coin operated.
Backpacker Section: Dormitory style rooms. 16 sleeping spaces. No ensuites. Male & female toilets and shower blocks.
Services: Large equipped open plan kitchen and lounge/games room for backpackers. Storage room for push bikes, surf boards etc. In-ground pool, gas BBQ, air-conditioned, fire rated.
Turnover: $312,8969 2008/2009, $304,817 2007/2008, $284,135 2006/2007
Occupancy: 69% approx. 2009
Comment: This property is very well presented. Excellent business covering all markets. Very quiet but central location in major North Coast city. Outstanding family residence.