Location: Central Western NSW
Asking Price: $750,000
Well presented 3.5 star AAA rated leasehold motel enjoying plenty of repeat business from general travelers, stopovers, medical and mining staff, mining management and mining contractors. It is located only a short drive from the main street of a major western New South Wales mining hub. Built in the 1960s, this single storey business offers 29 comfortable budget, standard queen, twin, family and executive rooms with a spacious two bedroom, two bathroom residence on a generous 2.5 acres (approx.) block of land. It is close to everything the township has to offer.
This property is in good condition throughout, is easily run by a husband and wife team and has grown to become a sizable income producer. Revenue has increased substantially over the last two years. An extra block of land is included and has huge potential for additional accommodation. FREEHOLD ALSO AVAILABLE.
Turnover: $986,600
Construction: Single storey, besser block with cliplock & custom orb roof.
Land Area: 2.4 acres (approx.).
Rating: 3.5 Star AAA.
Age: 1960s & later.
Number of rooms: 29.
Occupancy: 90%
Room Configuration & Facilities: Large comfortable ground floor rooms comprise of budget, standard queen, twin, family and executive rooms. Rooms are non-smoking and facilities include queen & single beds, ensuite, aircon, Austar, hairdryer, toaster, free wireless internet, iron/board, tea/coffee, TV, fridge.
Motel Facilities: Swimming pool, Austar, licensed restaurant & bar, function room, free wireless broadband, non-smoking rooms, plenty of off street parking, BBQ, separate guest and commercial motel laundry facilities, plenty of storage throughout.
Residence: Very well presented air conditioned residence includes two bedrooms, two bathrooms, combined lounge/dining room, extra storage, patio and laundry. Adjoins reception.
Restaurant: Licensed 60 seat a-la-carte restaurant and bar, full commercial kitchen with walk in cool room.