, Kempsey NSW

For Sale

Accommodation/Tourism

SOLD

Description: Unbelievable Mid North Coast motel with highway frontage on acres. Top quality inspection. Huge potential for owner operator.
AAA Rating: 3½ star.
Construction: Brick & tile single level property with brick wall partitions. 2 x 2BR family suites, 1 x spa suite. Excellent 4 -star standard appointments.
Residence: 3 bedroom with built-ins (1 ensuite). Lounge, dining, share kitchen, large private yard, lock-up garage. A large convenient family residence, above and adjoining reception.
Age: 1982 approx.
Clientele: reps, local workers, passing trade, tourists.
Land Area: 5 acres approx.
Tariffs: Single $65 - $85; Double $75 - $85 (spa $120); Family (4) $135; Extra Person $10
Chain Affiliation: Yes
Lease: No
Laundry: Full commercial, good equipment, linen hired, guest laundry.
Restaurant: 60 seat licensed cocktail bar.
Services: Room service, pool, BBQ area, microwaves, guest laundry, fire rated, wireless broadband, reverse-cycle air conditioning.
Turnover: $300,000 & growing.
Occupancy: 40% approx.
Comment: Delightfully appointed & maintained motel in attractive garden setting fronting Pacific Hwy. Huge area for future development. Business is showing strong growth and the future is looking very strong. Great value buy.