Motel - Freehold - Development - Well established
- CB1283

Industry: Accommodation/Tourism - All | Listed by: SBX Business Brokers
Key Strengths
About this business
Motel - Freehold - Development - Snowy Mountains - Agent SBX Code Number: CB1283

Freehold accommodation complex consisting of 4 x 3 bedroom detached villas, 3 x 2 bedroom detached villas all with garage. -Accommodation in separate building consists of 1 studio apartment, 4 x 2 bedroom apartments and 5 motel units on ground floor, with 2 x 2 bedroom apartments on upper floor - All accommodation is let on a weekly or semi permanent basis with the exception of the 5 motel units which are available for overnight stays. - Villas and apartments have kitchenette and all units have tea/coffee making facilities, microwave oven, fridge, toaster and flat screen TV. - A separate building houses the reception/office, a day room and a 200 seat function room/restaurant, which is not utilised full time at present.

Potential
Major infrastructure works announced for Hydro Electric scheme. - DA and Construction Certificate for upgrade of 11 motel units to self contained units in place. - Plans for 16 lot subdivision with 80m road frontage available. Upgrade booking system.

Features
Great position. - Well established. -Steady income from short and long term residents. - Large block suitable for further development.

Premises
Large older style administration block with separate brick villas, apartments and motel units and a total area of 14,000 sq. mts.

Location
Prime position on Highway at entrance to major regional Snowy Mountains town.

Trading Hours
As required.

Lease
Freehold.

Employees
1 owner + 1 Manager + 2 casuals.

Comments
Laundry is processed in house, with 2 washing machines and 2 gas fired dryers. - 7 Villas have lock-up garages. - HWS to rooms is supplied by individual units. - Booking engine commissions not included. - Income GST inclusive. - Subdivision area is 6000sqm and has all town services connected.

Figures
Weekly Sales $7500
Rent (ex GST) $0
Wages $1600
Profit $5405


Agent SBX Code Number: CB1283 - SBX Business Brokers
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Business Name / Ref #:
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Location:
NSW
Asking Price:
$4,750,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
02 9439.....
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Advertiser Details

One of the largest business brokers in Australia, providing personalised service to buyers and sellers of businesses
Location: Suite 1, Level 2, 2 - 4 Pacific Highway
St Leonards, New South Wales
2065, Australia

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Motel - Freehold - Development - Well established - CB1283 ListingImage
About this business
Motel - Freehold - Development - Snowy Mountains - Agent SBX Code Number: CB1283

Freehold accommodation complex consisting of 4 x 3 bedroom detached villas, 3 x 2 bedroom detached villas all with garage. -Accommodation in separate building consists of 1 studio apartment, 4 x 2 bedroom apartments and 5 motel units on ground floor, with 2 x 2 bedroom apartments on upper floor - All accommodation is let on a weekly or semi permanent basis with the exception of the 5 motel units which are available for overnight stays. - Villas and apartments have kitchenette and all units have tea/coffee making facilities, microwave oven, fridge, toaster and flat screen TV. - A separate building houses the reception/office, a day room and a 200 seat function room/restaurant, which is not utilised full time at present.

Potential
Major infrastructure works announced for Hydro Electric scheme. - DA and Construction Certificate for upgrade of 11 motel units to self contained units in place. - Plans for 16 lot subdivision with 80m road frontage available. Upgrade booking system.

Features
Great position. - Well established. -Steady income from short and long term residents. - Large block suitable for further development.

Premises
Large older style administration block with separate brick villas, apartments and motel units and a total area of 14,000 sq. mts.

Location
Prime position on Highway at entrance to major regional Snowy Mountains town.

Trading Hours
As required.

Lease
Freehold.

Employees
1 owner + 1 Manager + 2 casuals.

Comments
Laundry is processed in house, with 2 washing machines and 2 gas fired dryers. - 7 Villas have lock-up garages. - HWS to rooms is supplied by individual units. - Booking engine commissions not included. - Income GST inclusive. - Subdivision area is 6000sqm and has all town services connected.

Figures
Weekly Sales $7500
Rent (ex GST) $0
Wages $1600
Profit $5405


Agent SBX Code Number: CB1283 - SBX Business Brokers

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$4,750,000

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