Location:Snowy Mountains
Asking Price:$459,000
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Beautifully presented and maintained 3.5 star AAA rated leasehold motor inn located only one hundred metres from the main shopping. A sound leasehold business offers 19 comfortable rooms located over two levels and comprising of single, standard double, twin, deluxe and two bedroom units with spacious three bedroom, one bathroom residence on a generous 3,569sqm (approx.) of land. It is close to busy tourist precincts with clubs, pubs, council car park, restaurants, local attractions and has local district views. It is offered for sale with a lease expiring in 2037. This property is an income producer and an ideal opportunity for a smart operator. Strong forward bookings through FY 2013.

Nothing to spend on this one and inspection WILL impress!

Turnover: $455,900 (FY12).

Construction: Two storey, brick with tile roof.

Land Area: 3,569 sqm (approx).

Rating: 3.5 Star AAA.

Age: Mid 1970′s and 1990′s.

Number of rooms: 19.

Room Configuration & Facilities: Single, standard double and twin rooms, two deluxe and two x two bedroom units. Facilities include ensuite, reverse cycle air conditioning, Austar, direct dial phones, mini fridge, hairdryer, tea/coffee facilities, iron & board, balconies, toaster, microwave, DVD.

Motor inn Facilities: Swimming pool, BBQ facilities, non-smoking rooms, separate guest & motor inn laundry, restaurant with commercial kitchen, conference room, off street parking, breakfast to rooms, chargeback facility.

Restaurant: 40 seats, unlicensed and is not currently operating. Also used as a function facility, has a full commercial kitchen. Breakfast to rooms provided from residence kitchen.

Residence: Beautifully presented air conditioned residence includes three bedrooms with built-in robes, one bathroom, separate toilet, large open plan lounge/dining room, large kitchen, laundry and private courtyard. It adjoins the motor inn and is in close proximity to the reception. Also a self-contained two bedroom unit c