Visit this listing at https://www.sbx.com.au/business?id=CB1283

Business Code: CB1283

Key Features: Well established

State: NSW

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

Description

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.

Summary

  • Features: Great position. - Well established. - Steady income from short and long term residents. - Large block suitable for further development.
  • 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.
  • Premises: Large older style administration block with separate brick villas, apartments and motel units and a total area of 14,000 sq. mts.
  • 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. -

Weekly Summary

Weekly Takings (inc GST)

$7,500

Gross Profit

$7,500

Wages

$1,600

Outgoings

$200

Telephone

$10

Insurance

$75

Electricity

$130

Gas

$80

Total Expenses

$2,095

Net Profit

$5,405

Price

$4,750,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Motel - Freehold - Development

Business Code: CB1283
Price: $4,750,000

Key Features: Well established

State: NSW

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

Description

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.

Summary

  • Features: Great position. - Well established. - Steady income from short and long term residents. - Large block suitable for further development.
  • 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.
  • Premises: Large older style administration block with separate brick villas, apartments and motel units and a total area of 14,000 sq. mts.
  • 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. -

Weekly Summary

Weekly Takings
(inc GST)

$7,500

Gross Profit

$7,500

Wages

$1,600

Outgoings

$200

Telephone

$10

Insurance

$75

Electricity

$130

Gas

$80

Total Expenses

$2,095

Net Profit

$5,405

Price

$4,750,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.