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Picton, 96 Waikawa Road

Opportunity Here - Freehold Motel on 2047m2

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Sold
Sold
Listing Number: PX7389
About this listing
Put your thinking caps on as this property provides options for business, home and income, development or even turn the units into rental or worker's accommodation. The motel business can be easily run by one person leaving the other free to work elsewhere. Six bright and fresh units ranging from 1 Bedroom to 2 Bedroom with covered carports and open parking. Our owner's separate home of 3 large double bedrooms, 1 of the Bedrooms has an ensuite for overflow from Motel, makes for the complete package. Opportunities like this are rare, so take the next step and call me as our owners are determined in their intent to sell.
Property Information
  • Business Name: Bellbird Motels
  • Business description: Motel
  • Leased plant: EPOS machine leased
  • Property Type: Tourism / Motel / Hotel, Other (Plus seperate 3 bedroom home), Accommodation
  • Listing price details
    • Tangible assets $: 65,000 - Schedule "A" available on request
    • Other $: Land & Buildings $723,500 Plus GST (if any)
    • Stock $: 500
    • Intangible assets $: 1000
    • Total (plus GST if applicable) $: $770,000 plus GST (if any)
  • Number of staff
    • Part time: 1 x Cleaner @ $18.00 per hour
  • Other comments: 2 x 1 bedroom and 4 x 2 bedroom Units fully self contained. Guest Laundry - Washing Machine & Dryer (Maytag - coin operated). Main House - Seperate - 3 Bedroom (1 of the bedrooms has ensuite with small kitchenette and external access) plus seperate lounge, kitchen/dining/living, 2 x heatpumps, Laundry with 2 Washing Machines (8 & 10Kg). Motel Office - 4 Covered carports, Large shed in back garden. Has two street frontages. Breakdown of price - Land and Buildings @ $623,500 + GST if any plus Business $66,500 + GST if any = TOTAL $690,000 + GST if any (this includes Chattels - List available on request) Unit 1 - Queen with car park, Unit 2 - Queen + 2 x singles with car park, Unit 3 - Queen with car park, Unit 4 - Queen + 2 singles with covered carport, Unit 5 - Queen + 1 single with covered carport, Unit 6 - Queen + 1 single with covered carport. Office approx 3 x 3mtrs

Contact Details

Harcourts Picton

Picton Property Centre Ltd

Licensed REAA 2008

36 High St
Picton
Office website

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