231 Darling Street, Dubbo

This is a unit situated in 50/DP1029967 Dubbo NSW. In the council area Dubbo Regional, with 0 bedrooms and 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
6673 m2
Building size
-
Council area
Dubbo Regional
Year built
n/a
Lot plan
50/DP1029967 Dubbo NSW
House type
Commercial



HISTORY

Last sold 21/04/2017
$1,588,000



LISTING DESCRIPTION
as of August 2013

FOR SALE: THE MATILDA MOTOR INN-DUBBO Offering Location, Scale, Profitability and Potential.The Matilda Motor Inn, one of Dubbo's largest, most profitable and established Motels is now on the market creating the ideal opportunity for an owner / manager or the professional investor. Spanning approximately 7,200 m2, this 50 room Motel is also one of the largest single sites in the commercial business core of Dubbo thus offering the scope for future redevelopment.The Matilda Motor Inn is a member of the ARRA Accommodation Group and offers accommodation in the 3-4 star quality and price range. Covering a cross section of styles and budgets, the 50 rooms are available in economy, standard and executive configurations, with tariffs from $88 to $110 a night.Aiding the budget bottom line, the Matilda boasts the 58 seat 'Billabong Reef and Beef' restaurant and a dedicated conference room with facilities that can seat 40 participants. Management accommodation consists of a free standing, 3 to 4 bedroom cottage of weatherboard construction, on a separate title, which is included in the Matilda sale.Revenues in excess of $1,500,000 pa have been regularly achieved, with figures available to prospective purchasers. With the advent of mining in the Dubbo region, growth in demand for accommodation would seem likely to continue.Zoned B3: Commercial Core, the scale of the Matilda's site and location near a major highway intersection offers the purchaser the opportunity for future subdivision or redevelopment. As well the opportunity to increase the scale of this significant offering is enhanced by the option for the successful purchaser to purchase the freehold of an adjoining site of approximately 582 m2.Selling: Freehold and Business, $4,100,000.00To take advantage of one of Dubbo's most significant commercial opportunities, contact PRDnationwide DUBBO(02) 6885 0555Selling: Freehold and Business, $4,100,000.00To take advantage of one of Dubbo's most significant commercial opportunities, contact the selling agent, Laagan Whalan at PRDnationwide Dubbo, on (02) 6885 0555