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High Profit Freehold Motel - *offers*

Business for Sale
Coolgardie Gold Rush Motels
Coolgardie WA

Long established successful Motel business with financial data available back to 2011.

Price $2,590,000 WIWO Freehold

High Profit Freehold Motel - *Offers*

Stock Included: Yes
Stock Value:
Years Est:
Gross Revenue:
2 Motel Blocks consisting of :

Motel 1 - 26 motel units (21 Queen and 5 Queen plus single)
- Fully licensed restaurant seating 40 persons with additional alfresco area seating another 20-30 persons
- Modern commercial kitchen set up
- Separate reception and office area
- Commercial and guest laundry facilities
- Vacant land alongside for expansion

Motel 2 - 15 motel units all Queen
- 2 storey 3 bedroom/2 bathroom unit. Currently rented but easily utilised for Managers residence.
- Ground floor reception and commercial kitchen
- Guest laundry with 4 washers/dryers
- This motel used mainly for contract jobs or as overflow to main motel

RECENT UPGRADES 2020

- 14 Watt solar system with generator back up to reduce electricity costs whilst providing power back up to the restaurant during black outs.
- All 3 solar HWS replaced
- All metal roofing replaced on Motel 1
- All guttering replaced on West side of Motel 1
- Bathroom renovations commenced
- NEW WEBSITE www.coolgardiegoldrushmotel.com.au

Contact Seller

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View Broker Profile

Contact: Clive Hood
Mobile: 0400 239 609
Bsale ID: 270732
Agent ID: Clive Hood




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