MOTEL - NEWELL HIGHWAY

SOLD

Coonabarabran NSW 2357

Accommodation/Tourism

BUSINESS FOR SALE

Description: Newell Highway location, strong passing trade. Property has just been fully refurbished. Huge improver.
AAA Rating: 3½ Star.
Construction: Besser block on concrete slab, block wall partitions, clip lock roof. Very sound, no obvious movement or cracking. Paintwork very good.
Residence: 4 bedrooms, all with built-ins; Private kitchen, lounge, dining, bathroom, private yard with lock up garage. Good convenient family residence.
Age: 1978 - 1989. Built in 2 stages.
Clientele: Passing trade, tourists, some reps, travel groups.
Land Area: 1ha
Tariffs: Single $69 - $79; Double $79 - $89; Family $99 - $130; Extra Person $10
Chain Affiliation: Budget Group
Laundry: Full commercial equipment. Linen as new. 2½ changes.
Breakfast/convention room. Could be used as dining room for groups.
Services: Conference room, inground pool, room service, BBQarea, reverse cycle air conditioning.
Turnover: $208,507 month Jan - Dec 2008.
Comment: Attractive single level motel with excellent residence. Historically a strong trader. The property has been recently refurbished. Not a cent to spend.