This motel site is a unique opportunity for further development with DA & BA approval for 28 self contained units all with kitchenettes, 8×2 bedroom (80sqm), 3×1 bedroom (50sqm), 17 motel rooms (365sqm) & 2 bedroom managers apartments situated in Bathurst the fastest growing inland country in N.S.W. One of Australia’s oldest settlements, Bathurst is a gate way to former gold rush towns. In recent years this sophisticated city has become synonymous with it’s annual motor race, the Bathurst 1000 at Mt Panorama. With highway exposure & only 3km from the City Centre your opportunity awaits.

SUMMARY:
FOR SALE: PRICE $995,000
TOTAL LAND AREA: 3853M¶ý
58 UNITS

BUDGETED TURNOVER
28 ROOMS x55% = 15.4 ROOMS PER NIGHT
@ $95 x 365 = $533,995 (approx)
BREAKFAST = $40,000 (approx)
SUNDRY SALES = $15,000 (approx)

FIRST YEAR BUDGETED TOTAL SALES = $588,995 (approx)