Asking Price:$850,000
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Chain affiliated freehold motel located a short distance from a main town shopping strip. A beautifully refurbished and maintained business offers comfortable family, queen or twin style rooms and a well appointed three bedroom residence on a generous parcel of land. Nearby facilities include restaurants and pubs, four supermarkets, various clothing stores, giftware, craft shops, outdoor and camping suppliers plus many others. The area is well known for a myriad local sporting activities and close proximity to Kosciuszko National Park. Huge potential upside in revenue exists as internet booking services are currently under utilised.

This property is a good income producer and an ideal opportunity for a smart operator. Impeccably presented, inspection will impress!

Turnover: $203,000 (FY 2013) – increase of 10% over FY2012!

Construction: Two storey brick colourbond/Zincalume roof capping

Land Area: 1,294 sqm (approx.)

Age: 1965

Rating: 3.5 Star AAA Rated

Number of rooms: 12

Motel facilities: All rooms are non-smoking, ample off street parking including undercover parking for seven cars, BBQ facilities, breakfast to rooms, upstairs lounge area and wireless internet

Room Facilities: Comfortable queen, twin and family units with a combination of queen, double, single and bunk beds. Features include ensuite bathroom, air conditioning/heating, Austar Satellite TV, tea/coffee facilities, toasters, irons and ironing boards

Residence: Built over two storeys, three bedrooms with built-in robes, 1.5 Bathroom, lounge room, kitchen and laundry shared with motel. It adjoins the motel and is in close proximity to the reception

Restaurant: No

Clientele: Plenty of repeat business from general and business travelers, seniors, auto clubs and commercial/government

Occupancy: 60%