MOTEL FOR SALE- OUTSTANDING BUSINESS

SOLD

Gulgong NSW 2852

Accommodation/Tourism

BUSINESS FOR SALE

Description: Vineyards, mining, tourists and much more. Outstanding business showing strong growth with more to come. Striking features make this town centre motel a one of a kind. First to see will buy.

AAA Rating: 3½ star high

Construction: 36 units. Single level brick with some Hardiplank construction with iron roof. Good variation of unit sizes with good quality appointments. Recent Upgrade. Spotless presentation.

Residence: 4 bedroom with built-ins (1 ensuite) private kitchen, lounge, dining, family/games room, sun room, bathroom, massive garage and private yard. Separate solid brick home - delightful - built 1920 with extensions built 1985.

Age: Built 1904 - 1985 approx.

Clientele: Tradies, reps, workers, tourists, passing trade.

Land Area: 5,000sqm approx.

Tariffs: Single $118 - $128; Double $128 - $138; Family (4) $150 - $190; Extra person $10

Chain Affiliation: Yes

Lease: N/A

Laundry: Full commercial. All linen owned and done onsite.

Restaurant: 50 seat licensed restaurant.

Services: Room service, licensed restaurant, microwaves in all units, Austar, WiFi, BBQ, split air-conditioning, fire rated.

Turnover: Jul’14 to 1-June’15 $703,704 - 13/14 $823,675 - 12/13 $1,066,346 - 11/12 $1,126,956 net GST

Comment: Delightful property in popular rich rural area. Vineyards, mining and much more. Excellent separate family home. Spotless inspection. Exclusive Listing.

MQ Property ID:
2199218


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