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MOTEL / CABIN STYLE ACCOMMODATION FOR SALE - TREE CHANGE - RIVERSIDE LOCATION

For sale by Manenti Quinlan and Associates | Ray Larkin

Ads Details Price: $ 990,000

Description: 18 large modern pine cabins set on 136 acres on the banks of the Barwon River. Future expansion includes 17 site caravan park, restaurant and functions. Could be developed.

Construction: 18 large open pine cabins with iron roofs. In very good condition for age. Quite specious with modern amenities.

Age: Built 1950s

Clientele: Strong corporate mid week trade with an abundance of travelling tourists.

Land Area: 136 acres

Tariffs: Single $110; Double $130; Family $140; Extra Person $10

Chain Affiliation: No

Lease: No

Laundry: Commercial/domestic mix. 2+ changes of linen. Sheets laundered off-site - balance laundered in-house. Linen in good condition. Free guest laundry.

Restaurant / Bar: 50 seat, licenced

Services: Renovated commercial kitchen, microwave ovens, reverse cycle split system air-conditioning, Foxtel - 8 channels, ample parking outside rooms, fire rated.

Turnover: 2018 $495,475 (5 Months Annualised - July to November 2018); 2017/2018 $332,683; 2016/2017 $392,837; 2015/16 $420,361

Residence: 4 bedroom with built-in wardrobes, combined lounge / dining, bathroom, shed, large private yard, share kitchen with restaurant. Very large family residence, recently renovated.

Comment: The perfect tree change awaits. Includes a water licence, able to be sold ($150,000 to $170,000) or refill large dam to give the resort style oasis the final perfect touch.

MQ Property ID:
4239069


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uniqueID : 4239069

Contact

Name:Manenti Quinlan and Associates

Phone:0297448833

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