Description:Bellingen-Take a look at this Quality, resort-style property located on the popular North Coast. Prestigious, single level, 28 room motel, set on seven hectares of impeccable, landscaped gardens with remaining acreage towards the magnificent views of the mountains and valley offers a private, relaxing atmosphere for clientele whilst still in close proximity to the town centre. Choice of 26 superior, well-appointed rooms along with 2 compact family units to cater for a variety of accommodation types and all of which provide scenic valley views. Benefit from all the improvements completed in recent years including renovations and upgrade to the conference/function room now fully fitted and operational along with an alfresco dining area adjoining the restaurant, opening up this business to a new diverse market and also the continued improvements by current owners with new beds, triple sheeting and installed a brand new Solar power module for cost effectiveness. Further potential for future development into a fully resort style operation, with DA to build another 7 units, new operators can reap the rewards of this quality property that is so much more than a motel. Current owners require sale due to other business commitments so take advantage of this fantastic Freehold property on offer, in the stunning location, with superb presentation and strong forward bookings ensuring the continued success of this opportunity of a lifetime property.
Number of Rooms: 28
Construction:Brick & Colourbond roof
AAA Rating: 3.5 Self-Rated
Year Built: 1970's; 1989; 2011
Residence: Superb 3 brm with lounge; dining; own kitchen along with outstanding views for the owner/operator to enjoy.
Restaurant:Yes-Licenced with cocktail bar (Fri-Sat); commercial kitchen
Services:BBQ; Pool; Conference Facilities; Guest laundry; Playground; Cots-$; Meals: Buffet Breakfast in the Restaurant; Room service
2017 (TBC) Turnover: $870,000.00
2016 (TBC) Turnover: $840,000.00
2015 Turnover: $715,000.00
(NAR : "Net After Rent" NOP: "Net Operating Profit")
Last Updated: 28 September 2017
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.