, Cowra NSW

For Sale

Accommodation/Tourism

SOLD

Description: Prosperous country centre. Large motel in town. Room to further develop. Property fully managed. Huge improvement possible.
AAA Rating: 3½ star
Construction: Single level brick & tile on concrete slab foundation with brick wall partitions. Good assortment of unit sizes with good quality appointments. There is nothing shabby with this inspection. Room to double in size.
Residence: 2 bedroom with walk-in robes, private kitchen, dining, lounge, bathroom, private yard and garage. New, attractive, well appointed and convenient.
Age: Built 1971 - 1979 - 1997
Clientele: Reps, transit workers, passing trade tourists.
Land Area: 3 acres approx.
Tariffs: Single $70 - $79; Double $80 - $99; Extra person $10 - $15
Chain Affiliation: Yes
Lease: No
Laundry: Heavy duty in large laundry area. Sheets hired.
Restaurant: 50 seat licensed bar. New lease of restaurant area commencing.
Services: Room service, in-ground pool, BBQ, reverse cycle air-conditioning, fire rated, wireless internet, fire rated.
Turnover: $340,000 2008/2009, $300,000 2007/2008
Comment: Very attractive refurbished Motor inn with new residence, restaurant and kitchen. Suited to all aspects of trade including coaches. Very strong large rural centre with rapidly growing wine industry.