Address available on request,
Mittagong, NSW 2575
Hotel, Motel & Leisure
Price information
Sold
Contact Agent
Key property information
Floor area
Zoning
Tenure type
Sold on
Map
859ML - The Jewel of the Southern Highlands! Only 1 Hour from Sydney!
THIS LEASEHOLD Motel is right out of the top drawer!
The Freehold owners are offering a new 30 year Lease on their 23 unit, 4 star Motel, which has been run under management for the last 16 years.
It is a genuine Bed & Breakfast operation, with no evening meals provided.
94% of Turnover is from accommodation!
It currently operates at 71 % occupancy with an average tariff of $145 ex GST (2013/14).
It is an exceptionally maintained and presented Motel, and the Freehold owner is prepared to re-invest $20,000 p.a. into the Motel. The location is superb and the Motel is a big money spinner!
It's your dream Leasehold! Act now!
Net profit $297,942 for 2013/14
Contact David Head or Peter Middlebrook from Tourism Brokers for further information or to arrange an inspection.
Property ID: 859ML (quote on enquiring)
Property Code: 746
The Freehold owners are offering a new 30 year Lease on their 23 unit, 4 star Motel, which has been run under management for the last 16 years.
It is a genuine Bed & Breakfast operation, with no evening meals provided.
94% of Turnover is from accommodation!
It currently operates at 71 % occupancy with an average tariff of $145 ex GST (2013/14).
It is an exceptionally maintained and presented Motel, and the Freehold owner is prepared to re-invest $20,000 p.a. into the Motel. The location is superb and the Motel is a big money spinner!
It's your dream Leasehold! Act now!
Net profit $297,942 for 2013/14
Contact David Head or Peter Middlebrook from Tourism Brokers for further information or to arrange an inspection.
Property ID: 859ML (quote on enquiring)
Property Code: 746
Additional information
External websites
Property ID: 501174159Last Updated: 15 Jul 2015
04386635...
Address available on request
Mittagong, NSW 2575
Tourism Brokers - NSW, QLD, VIC & TASCentralised Administration: 32 Lamorna Ave
BEECROFT, NSW 2119
BEECROFT, NSW 2119
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
