Sellers Ref: (109ML)

Location: NSW -Sydney Surrounds (2 hrs)

Category: Motels for Sale

Asking Price: $1,000,000
Sales revenue: Undisclosed
Net profit: Available on request
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed

Fantastic opportunity to secure a prime profile Sydney Leasehold interest with exceptional facilities. Opportunities and facilities like this are rare and this is one that is certainly worth the look so you can make the money.

Perfectly located near the CBD to give you the convenience you need and at the same time distant enough to bring you the relaxation away from the city's hustle and bustle.

The upside and potential for growth is enormous as the function areas are underutilised and the restaurant is only used to cater for in-house guests.

Not currently utilised conference/meeting area is ideal for weddings, conference, dinners, event presentations, and other special occasions. Can accommodate up to 140 people, with dance floor area or split in two rooms for more intimate functions. The web site advertises the ability to have them but the current operators do not chase the business and do not provide the service to capitalise what is available.

The current figures for business are primarily a B&B operation with an in-house dining area for reps. The true potential is yet to be unleashed and for a new operator the returns can be huge.

Offering a close proximity to Sydney Velodrome and just a few minutes drive to the Stadium Australia and a number of other larger destinations.