Share this property

realcommercial.com.au

Address available on request NSW

Address available on request,
NSW

Hotel, Motel & Leisure • Development Sites & Land

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Car spaces

Tenure type

Sold on

FREEHOLD MOTEL – LARGE HIGHWAY EXPOSURE - HUGE BLOCK (5564M2) - NEW ENGLAND HWY (NORTH EAST NSW)

Phone enquiries - please quote property ID 25653.

Are you sick of lockdowns in the big cities due to Covid 19 along with all of its restrictions? This is your opportunity to buy a business with substantial income, a house and a country lifestyle away from the city rat race, well under one million dollars.

Selling freehold, this boutique motel is set on a huge block of 5564sqm with approximately 90m highway frontage. The motel is situated on the intersection of two major highways in a major prosperous rural town. Established for years, this motel offers short-stay accommodation to travellers and sometimes workers for local projects.

The motel is currently run under management with good profits for the owner. A new owner could continue to run under management or ideally, would suit owner operation (perhaps a couple or small family).

It has 13 rooms, all with queen pillowtop beds, a mixture of twin rooms, family rooms and queen double rooms. All rooms are equipped with TVs, microwaves and bathrooms. 4 of the suites have undergone refurbishment over the last few years. The brick veneer building also accommodates a 3 bedroom residence, a large commercial kitchen and a laundry with a new speed queen dryer. There is undercover car parking to accommodate all guests. Pre-covid, the motel offered breakfasts in the dining room (capacity for 25) but have since switched to complimentary breakfast in the suites. There is a 26kw solar system to keep electricity costs significantly down.

The choice for new owner would be to offer full dining for breakfast, lunch and dinner plus open it to the public, as there is a huge commercial kitchen with full range hoods/grease traps etc already in place. Being close enough to town a full restaurant could be considered. Further facilities include the office / a sitting area, 2 laundries and a comfortable 3 bedroom residence with access to the kitchen for the owner/manager.

All set on a huge block with beautiful gardens and very pleasant surroundings.

OPPORTUNITIES/FURTHER POTENTIAL
* This freehold purchase provides many opportunities for the new owner:
* Continue to run under management.
* Run as owner-operator (pocket more money)
* Extend the building to house more motel suites (increase the turnover)
* Open the restaurant to the public
* Develop (STCA approval required) - Currently zoned ‘Enterprise Corridor’ – allowing many more opportunities.

First and foremost, the FREEHOLD is for sale with the business, however, the owner may consider selling the business only with a 20-30 year secure lease – Sale price of the business would be a circa of $150k-$200k) – Annual lease would be negotiated.

Alternatively buy the freehold at this very reasonable price.

It should be noted as there is plenty of lands to expand or develop further accommodation rooms, glam tents or perhaps a restaurant etc. All subject to council approval.

Enquire today to find out more.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property ID: 503980726Last Updated: 15 May 2022

13005947...
realcommercial.com.au logo
Address available on request
NSW
No Agent Property - BRIGHTON EAST
Suite 1a/ 608 Hawthorn Rd
BRIGHTON EAST, VIC 3187
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

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.