Location: Mid North Coast
Asking Price: $885,000
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Well established and maintained 3.5 star motel catering to a broad audience including primarily corporate guests, general and business travelers, holiday makers, families and government agencies. It is prominently located only a short drive from the CBD of a main service centre for nearby coastal resorts. This single storey leasehold business offers comfortable double, twin, triple and family rooms with a spacious early 1900s three to four bedroom, one bathroom residence with beautifully landscaped gardens. It is close to local sporting and social clubs, busy shopping and commercial precincts, coastal beaches, tourist and natural attractions, parks and many of the towns amenities.
This property is in terrific condition, has strong occupancy and tariffs, a large and comfortable residence and is easily run by a husband and wife team.
Turnover: $745,400 (FY2012).
Construction: Single storey, brick with tile roof.
Land Area: 3 acres (approx.).
Rating: 3.5 Star AAA.
Age: Late 1970s and later.
Number of rooms: 25.
Room Configuration & Facilities: Large double, twin, triple and family rooms with facilities including ensuite, split system air conditioning, iron/board, microwave, toaster, fridge, tea/coffee facilities, hairdryer, digital TV and Foxtel. Rooms are approximately 25-30sqm in size, have brick partitions and are in excellent condition.
Motel Facilities: Free wireless broadband, swimming pool, Foxtel, plenty of parking, BBQ facilities, undercover cabana, breakfast to rooms, separate guest & motel laundry facilities, extensively landscaped gardens, plenty of storage, back to base alarm.
Restaurant: No.
Residence: Beautifully presented early 1900s residence includes three to four bedrooms all with built-in robes, one bathroom, separate lounge and dining rooms, kitchen, laundry, large three car lock-up garage and a huge garden area. Separate to the motel, adjoins the reception.
Clientele: Plenty of repeat business from