MOTEL - AMAZING WATERFRONT LOCATION

SOLD

Kempsey NSW 2440

Accommodation/Tourism

BUSINESS FOR SALE

Description: Amazing waterfront location yet walk to all town amenities. High quality accommodation on spacious ground. This property is an outstanding inspection is showing strong trade increases.AAA Rating: 3½ star
Construction: Concrete block & brick with tile. Room: Concrete slab foundations with brick wall partitions. Medium to large units. Family room sleep up to 7. Recently upgraded and presents very well. Paint work as new.
Residence: 3 bedroom with built-ins, 3 garages, large private yard. Delightful and very large. Excellent presentation. Includes reception.
Age: 25yr approx
Clientele: Strong rep & working clientele plus passing and tourist trade.
Land Area: 2.9 acre
Tariffs: Single $84 - $125; Double $94 - $135; Family (4) $139 - $179; Extra Person $15;
Chain Affiliation: No
Lease: No
Laundry: Full commercial. Towels done onsite, balance sent out. 3 changes linen.
Restaurant: No
Services: Room service breakfast only, internet, fire rated, pool, BBQ.
Turnover: $581,086 (2007/2008) $547,769 (2006/2007)
Occupancy: 63% approx.
Comment: Popular waterfront motel positioned half way between Sydney & Brisbane. Strong repeat trade. Walk to all town amenities. Easy to operate. Local restaurants service night meals. Highly recommended.