Motor Inn
Motel
This motor inn is part of the Budget Chain of motels
Leasehold motel/motor inn
15 room motel; two family units, one single unit, seven queen bed units & five twin units.
All rooms feature reverse cycle air conditioning, flat screen TV’s with Austar, toaster, tea & coffee making facilities, en-suite bathrooms,
Ipod dock/radio/alarm clock, hair dryer and free wireless internet. Complex features an in-ground swimming pool and guest BBQ’s.
The vendors have been in place for the last seven years and have performed ongoing refurbishments.
To date, all carpets, bed & air-conditioning units have been replaced and half of the bathrooms have
been renovated.
The motor inn also features a restaurant which seats 48 guests and is fully licensed. This is a popular Thai restaurant which is well known by locals and tourists. It has been operated by the current tenants for the past six years and their current lease expires in July 2015.
The sale includes a large completely renovated 3 bedroom managers residence that features living, dining & kitchen areas, 2 bathrooms and balcony with BBQ area.
This motel is situated in New South Wales’s largest inland town, halfway between Melbourne & Brisbane. The region is popular with travellers, sales reps, university & TAFE students and families visiting, working or studying in the area.
This business has its own website, can be found on the Budget Chain website and numerous accommodation websites such as Wotif, Tripadvisor & Bookings.com.
It is showing a solid return from a turnover of $320,000.
SELL Price $350,000
ABM ID: 1980
