Description:Tranquil views overlooking pastures and distant mountain ranges offers peace and serenity unlike any other run-of-the-mill accommodation. Located in a major wine region in Central NSW, a short 3 ½ hour drive from Sydney and situated on a sealed road, 4kms from the township, finds this unique all ground floor, 19 room motel with a restaurant/function facility. Well positioned on 10 acres/5 hectares with a spacious 3 bedroom residence in the motel for the comfort of owners or managers. With business still improving, despite the coal industry being affected in many other coal mining areas, Mudgee is still experiencing strong growth in housing, business and tourist industry supplying a good mix of income for the township. A unique property in a niche market, with annual income for over the past 5 years continuing for rooms supplied per day on a rotation basis to fulfil the needs of railway workers. The restaurant and function room is made available for the agreed exclusive use in the comfort of the workers. An extremely rare find in motels as no need for reception; breakfast or evening meals, bookings simply taken by emails daily eliminating many hours from the normal motel operations and costs associated to source the bookings. Potential for income growth with other likewise companies looking for accommodation however currently unable to satisfy unless expansions to the property are considered. The current owners/vendors are looking to retire and enjoy a little more of life, so have reluctantly put their very special property up for sale. Take advantage of this easy to operate motel with guaranteed income and room for growth with a home on acres in the ever popular Mudgee. Inspect today.
Number of Rooms: 19
Construction:Decorative Brick Block & Colourbond
AAA Rating: 3.5 Self-rated
Year Built: 1989
Residence: Located above reception, comfortable 3 brm (one with built in & ensuite); lounge, dining, family, kitchen, bathroom and separate toilet
Restaurant:Yes - Licenced function room for use of in-house guests only
Services:Conference Facilities; Function/Breakfast Room; Pool-salt; Bbq. Meals: No breakfast or evening meals
2018 (6mths) Turnover: $291,000.00
2017 Turnover: $508,000.00
2016 Turnover: $516,000.00
(NAR : "Net After Rent" NOP: "Net Operating Profit")
Last Updated: 27 April 2018
Contact: Steve Herington
Mobile: 0408 537 028
Disclaimer: Every effort has been made to provide accurate information as possible. However, New South Wales Motel Brokers is not responsible for misstatement of facts, errors or omissions. It is recommended that a purchaser to rely on his or her own enquiries.