Motel Details Printable

New England North West - Freehold

$1,000,000.00

Listing No: 01390FH

Description:Located in a major centre in the New England region, this cosy, all ground floor, 10 unit motel is nestled on the highway and set on five acres of grounds with beautiful rural views along with lush garden surrounds. Situated midway between Brisbane and Sydney provides a convenient stopover point for any long journey in a very attractive city that boasts 3 private schools, a popular university and a strong rural economy. Immaculate condition with a comfortable residence, this superb motel offers excellent income and lifestyle with the opportunity for further development in additional units, cabins or caravans. Current owners have installed all new televisions and hot water systems to maintain the operational standards of this solid, well established motel. Inspection is highly recommended


Number of Rooms: 10

Construction:Brick & Colour Bond

AAA Rating: 3.0

Year Built: 1970's


Residence
: Very comfortable, single level 3 brms (all built-in's) adjoining reception area. Large private patio area connects to an additional self contained cabin

Restaurant:No but within a short distance to CBD

Services:Bbq; Guest Laundry; Cot/s-on req; Larger vehicle parking

Meals: B/fast & Dinner to Units


Figures:

2011 Turnover: $137,000.00

NOP: $92,000.00

NAR: -

2010 Turnover: $137,000.00

NOP: -

NAR: -

2009 Turnover: $128,000.00

NOP: -

NAR: -

(NAR : "Net After Rent"       NOP: "Net Operating Profit")

Last Updated: 28 August 2012


Contact: Steve Herington

Mobile: 0408 537 028









Disclaimer: Every effort has been made to provide accurate information as possible. However, New South Wales Motel Brokers is not responsible for mis-statement of facts, errors or omissions. It is recommended that a purchaser to rely on his or her own enquries.

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