Address available on request,
Mittagong, NSW 2575
Hotel, Motel & Leisure
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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
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