, Griffith NSW

For Sale

Accommodation/Tourism

SOLD

Description: Town centre in thriving rural city adjacent to services club. Immaculate presentation. No restaurant. Not a cent to spend.
AAA Rating: 3½ star
Construction: Brick & tile. Two storey. Brick partitions. In excellent condition. Good street appeal.
Residence: 3 bedroom with built-ins. Private kitchen, dining, lounge, bathroom & laundry, carport plus small private balcony. Excellent family residence.
Age: 20 years approx.
Clientele: Mainly corporate through week, tourist & visitors weekends.
Land Area: 2455sqm approx.
Tariffs: Single $87 - $92; Double $98 - $102; Family $110; Extra Person $12.
Chain Affiliation: Yes
Lease: New 30 year term (6 x 5 years) Rent $180,000
Laundry: Heavy duty Kleenmaid. All lined owned, sheets sent out.
Restaurant: Excellent dining facility in club opposite.
Turnover: $670,700 2005/2006, $619,130 2004/2005
Occupancy: 63% as advised.
Comment: Delightfully maintained motel. Has large return trade and very popular with reps and tourists alike. Large B&B motels like this are hard to find.