12 unit motel with over 4,500sqm of residential development land. Two street frontages between the Great Western Highway and Railway Station. The village of Mount Victoria is nestled in the upper end of the Blue Mountains. The famous Blue Mountains is a popular tourist destination. The area is a popular residential location offering a tranquil bush/ mountain lifestyle. Mount Victoria Motor Inn is a well maintained and managed motel, comprising of 12 furnished rooms and managers modern accommodation.
The approximate turnover is $120,000 p.a. at 50% occupancy.
The motel is on seperate title – 1,400sqm of land.
Adjoining vacant land is on 4,600sqm. There is potential for redevelopment of the land with a variety of housing styles and accommodation.
Owner would prefer a property swap on a base value of $2,200,000 for both the motel and land.