61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870
61 Bath Street Alice Springs, NT 0870

61 Bath Street Alice Springs, NT

Sold on 10 Jan 2012

Property Type Retail
Asking Price Leased
Floor Area
Land Area 4,800 m²

Alice Springs Motel- Lease

A rare opportunity to purchase the lease of this fantastic motel.
The current owners have spared no expense in upgrading the motel and were recently awarded a 4 star rating.

Features
* 58 Rooms
* 5 Room types Bungalows to King Spa Rooms
* Large alfresco dining area
* Licensed Restaurant
* Centre of town
* Most rooms renovated
* Excellent equipment
* Large owners quarters
* Function room
* Conference room
* Training/Meeting rooms
* Separate upstairs covered deck with kitchen and bar not being utilised at present
* Turnover increasing since upgrade

Turnover: 2009/10 $1,738,730.00
Adjusted Net Profit 2009/10: $522,343.00 AFTER RENT
Lease term: 27 years to run
Rent: $305,976.00 PA

Contact Jon Jenkins 0428 885 475