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Businesses for Sale - VIC Gippsland -
Property ID 50
Leasehold Motel For Sale NE Vic - MT311a

Price: $550,000
Net Profit: $156,000
List Ref: MT311a
Page Views: 896

23 Units - 3.5 Star - 10mins to Beaches - Lic. Restaurant (Not Operating) - Close to town - Recently Refurbushed ... New Lease

23 Units - 3.5 Star - 10mins to Beaches - Lic. Restaurant (Not Operating) - Close to town - Recently Refurbushed ... New Lease

The Motel

No of Units : 23
No of Levels : 1
Date Built : 1970 approx
Construction : Exposed Brickwork
Roof : Corrugated Galvanised Iron
Land Area : Total Site Area 3788sq ms (Approx)
Rooms: 23
Unit Facilities : 6 X Spa Deluxe Rooms All Queen Beds
1 X Spa Deluxe 2 bedroom Family room 1 Queen Bed 1 single & 1 Bunk
12 X Twin Share with 1 Queen & 1 Single
1 X Queen
1 X 2 Bedroom Family 1 Queen & Sofa bed / 3 singles
1 X 3 Singles
1 X Family 1 Queen 1 single & 1 bunk
Tea/Coffee, R/C Air Con, electric blankets, Tv, videos clock radio, hair dryer, toasters in all units
Motel Facilities : Restaurant, Commercial kitchen, full working laundry with industrial washing machine & Dryer, clothes line, video collection Pulse Phone system broadband connection Bbq Area, 3 locked storerooms locked boiler room and solar Heating.

Nearby Attractions : Beaches, Snowy River, Historic Slab Hut, Paddle Steamer Curlip Australian Wood Exhibition, & national parks, rainforest walks, Marlo coastal community and beach, Rural learning Campus and Rail Trail.

Occupancy 53% approx
Chain Affiliation : Nil
Clientele : Tourist Local & Overseas, Various Government Departments, workers, Buses, Bike riders

Meals Served : Breakfast to Rooms and Dining Room

Staff : 4 Casual

Laundry: In-house

Current Owner has been at the Motel for 3 years and 8 months

Reason for Selling: Retiring

Rating

Accommodation 3.5 star

Residence

3 Bedroom Residence with 2 Bathrooms Kitchen/dining and lounge area.

Owner/Agent/Broker Details

Guy Smith
Guy Smith Brokers
admin@guysmith.com.au
02 4472 9777
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