This motel has been run under management for the past 6 years. Total land area on 3 titles is 4223m2. It comprises 34 rooms, restaurant, well equipped kitchen and manager's apartment.
Occupancy rate Monday to Friday has been running at around 80% to 90% with weekend 20% to 50%, there is a large comprehensive plant and equipment list much of which has been replaced in the last 2 years. A new owner / operator should not have to spend money on plant and equipment for some time.
This motel represents good value and shows a good profit.
Price reduced by $100,000 to $2.1 million. Motivated seller would like to receive proposals for the purchase of this well patronised motel.
To find more such properties visit https://www.commercialproperty2sell.com.au/agents/wa/summit-realty-south-west/
