, Bass Hill NSW

For Sale

Accommodation/Tourism

SOLD

Description: Sydney suburb Motor Inn opportunity. Major highway location. Quality corporate Motor Inn. Impressive property
AAA Rating: 4 star
Construction: double brick & tile, concrete slab floors, two storey, brick wall partitions. Large single level convention/wedding room with full bar and catering facilities. Very well maintained.
Residence: 3 bedroom with built-ins above reception and restaurant. Own kitchen, lounge, dining, bathroom. Large balcony provides excellent views across the motel property.
Age: 1990
Clientele: Large corporate, sporting groups, country visitors, function trade.
Land Area: 4200sqm
Tariffs: Single $100 - $125; Double $100 - $125; Extra Person $15
Chain Affiliation: No
Lease: Expires February 2024. Rent $332,484 with 3% increases per annum.
Laundry: Full commercial onsite, sheets hired. Guest laundry.
Restaurant: 60 seat with licensed bar, adjoins reception.
Services: Room service, licensed restaurant, convention facilities, internet, pay TV, fire rated.
Turnover: $1,400,000
Occupancy: 65% approx.
Comment: Very well built and maintained Sydney suburban motel. Excellent presentation with prominent highway location. Excellent investment.