Blackheath, New South Wales
172ML - Timeless Architecture, What A Place To Stay
SOLD
Business Description
It won't be hard to fall in love with this property, with its 19 well-presented ground floor units.
Only an hour from Sydney by car or just catch the train for the convenience.
This motel caters for tourists and the transit traveller which has provided a stable income in the past years.
The renovations that were completed in the past included the residence; this extra comfort provides you a lifestyle while running a motel.
Extra years on the lease will be offered to a tenant that is willing to work with the landlord on the roof replacement program which could help increase the turnover of the motel in the future.
Net profit $119,176 for 2013/14
Contact Warren Sweetman from Tourism Brokers for further information or to arrange an inspection.
Property ID: 172ML (quote when enquiring)
Property Code: 283
Business Summary
Key Investment Insights
1. Well-presented ground floor units
2. Convenient location, only an hour from Sydney by car or accessible by train
3. Catering to tourists and transit travelers
4. Stable income in past years
5. Renovated residence for added comfort and lifestyle for owner
6. Potential for increased turnover with roof replacement program
7. Net profit of $119,176 for 2013/14
8. Contact Warren Sweetman from Tourism Brokers for further information or to arrange an inspection
9. Property ID: 172ML
10. Property Code: 283
