Key Investment Insights
AI generated. Confirm details with the seller.
1. Prime location: The Alkira Motel is located in Cooma, a popular destination for tourists visiting the Snowy Mountains in NSW. It is situated on the main road to the snowfields, making it easily accessible for guests.
2. Freehold property: The motel is being sold as a freehold property, meaning the buyer will own the land and buildings outright. This provides a great opportunity for long-term investment and potential for future development.
3. 13 units and spacious residence: The motel has 13 units, providing ample accommodation for guests. Additionally, there is a spacious 2-storey, 3-bedroom residence on the property, making it an ideal family home for the new owners.
4. Proximity to major cities: Cooma is located 90 minutes from Canberra and 4 and a half hours from Sydney, making it a convenient and popular destination for city-dwellers looking for a weekend getaway.
5. Seasonal business: The motel experiences high demand during the winter season, with visitors flocking to the Snowy Mountains for skiing and other winter activities. This presents a great opportunity for the new owners to capitalize on the busy season.
6. Family-friendly: The spacious residence and family-friendly atmosphere make this motel a great opportunity for a family business. The first-floor balcony provides privacy and separation from guests, while the covered parking spots and garage offer convenience for both guests and owners.
7. Potential for growth: With plenty of hidden storage throughout the complex, there is potential for expansion and growth of the business. The prime location and spacious property also provide opportunities for additional amenities and services to be offered to guests.
8. Strong investment potential: The Snowy Mountains region is a popular tourist destination, making this motel a strong investment opportunity. With the potential for growth and development, the Alkira Motel has the potential to provide a good return on investment for the new owners.