For Sale, Freehold $4 m - Business for sale
For Sale $4.3m
The 61-unit Carnarvon Motel that was built in the 1990s, is located conveniently near the waterfront in the central area of Carnarvon Town, 900 klms north of Perth. Spreading over 1.325ha, the property has just undergone an extensive refurbishment and presents as the Gascoyne’s best Motel.
The property consists of 55 (33m2) units and 6 larger multi-room units, function rooms, restaurant, swimming pool, playgrounds, entry foyer, Managers apartment, extended carparks, complete security fence with auto gates for night security.
The Motel is Carnarvon’s highest standard motel and caters for tourism and commercial clientele.
- 61 large units
- very well presented
- recent refurbishment
- all new equipment
- very well built to high standards
- room for more units to build
- resort facilities
- good mangers apartment
- trades very well
- country lifestyle
- Business Net Profit: $600,000.00
- ROI: 13.95%