A high-performing Freehold Going Concern in the heart of Cooma

Description

Price Reduced A high-performing Freehold Going Concern in the heart of Cooma A premium motel in the centre of Cooma, this Freehold Going Concern produces consistent revenue with exciting growth opportunities. Altair Motel boasts 13.7% ROI with mostly corporate trade, providing repeat customers and profitability. With 19 modern rooms, the motel offers rare contemporary accommodation in the heart of Cooma. The twenty-four-seat restaurant with an entertaining deck presents a second revenue stream or motel expansion opportunities (STCA). Altair Motel lends itself to off-site management and keyless entry systems, providing additional revenue opportunities by converting the three-bedroom owner's residence (STCA). Over 70% occupancy from mostly corporate trade 13.7% ROI 19 recently renovated rooms with a contemporary design 2,024 sqm block with city views Prime location in the centre of  Cooma Motel expansion opportunities (STCA) 24-seat licensed restaurant Inspections strictly by appointment only