MOTEL FOR SALE- VERY CLOSE TO SYDNEY

SOLD

Chittaway Bay NSW 2261

Accommodation/Tourism

BUSINESS FOR SALE

Description: B&B motel very close to Sydney. Immaculate presentation. Large spacious rooms. Close to all amenities including large industrial park to guarantee year round trade. This property has always been fully managed.

AAA Rating: 4 star

Construction: Two level brick with tile roof, concrete slab foundations and brick wall partitions. As-new modern presentation. Generous sized units. Quality 4 star fit-out. Spotless inspection.

Residence: 2 bedroom with built-ins, family room, upstairs living room, bathroom, carport, and share motel kitchen. Convenient and modern. Suit small family - joins reception.

Age: Built 1997 approx.

Clientele: Strong rep & corporate trade, local workers, tourists and sporting and leisure weekend trade.

Land Area: 2,500sqm approx.

Tariffs: Single/Double fr $140; Family (4) $170; Extra person $10-$15

Chain Affiliation: No

Lease: No

Laundry: Full commercial laundry. Slips & sheets hired. Towels etc done onsite.

Restaurant: Motel B&B. Very short walk to licensed bistro and restaurants.

Services: Room service breakfast, microwaves in room, Austar, WiFi, gas BBQ, DD phones, fire rated, split air-conditioning.

Turnover: 2014/2015 $662,924 - 2013/2014 $611,395 - 2012/2013 $585,046 - 2011/2012 $624,303

Occupancy: 70% approx. 2011/2012

Comment: As-new motel located very close to Sydney in a very fast growing region. Quality inspection. Fully managed. First time offered for sale. Exclusive agents.

MQ Property ID:
845213


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