Central West NSW
NSW
$867,500
Motel - Freehold - DevelopmentPrice: $4,250,000Net Profit: $6,505 |
Visit this listing at https://www.sbx.com.au/business?id=CB1283 |
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Business Code: CB1283 Key Features: Freehold motel in Cooma area - Snowy Mountains Nsw . State: NSW Location: Prime position on highway at entrance to major regional Snowy Mountains town. DescriptionFreehold accommodation complex on large block consisting of 2 x 3 bedroom detached villas, and 7 x 2 bedroom detached villas - All villas have lock up garage. -Accommodation in separate building consists of 2 studio apartment let on a 6-12 months short term lease and 7 x 2 bedroom units leased on 12 month lease on ground floor, with 2 x 2 bedroom apartments on upper floor - Accommodation is mainly let on a weekly or semi permanent basis with 2 currently available for overnight use - A separate building houses the reception/office and an attractive lounge - A 200 seat restaurant is available but isn't utilised at present. Summary
Weekly SummaryWeekly Takings (inc GST)$8,000Gross Profit$8,000Wages$1,000Outgoings$200Telephone$10Insurance$75Electricity$130Gas$80Total Expenses$1,495Net Profit$6,505Price$4,250,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
PREMIUM LISTING
Motel - Freehold - Development
Business Code: CB1283Category: Accommodation Tourism, Motel, Freehold
State: NSW
Key Highlights
- Great position.
- Well established.
- Steady income from short and long term residents.
- Large block suitable for further development.
About the Business For Sale
Freehold accommodation complex on large block consisting of 2 x 3 bedroom detached villas, and 7 x 2 bedroom detached villas - All villas have lock up garage. -Accommodation in separate building consists of 2 studio apartment let on a 6-12 months short term lease and 7 x 2 bedroom units leased on 12 month lease on ground floor, with 2 x 2 bedroom apartments on upper floor - Accommodation is mainly let on a weekly or semi permanent basis with 2 currently available for overnight use - A separate building houses the reception/office and an attractive lounge - A 200 seat restaurant is available but isn't utilised at present.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Yearly Summary
Figures include GST unless stated otherwise
Annual Revenue
$416,000
Net Profit
$338,260
Price
$4,250,000
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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.
