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SERVICED APARTMENTS WITH 100% OCCUPANCY RATES - SELLING FREEHOLD
Vennacher Street, Merriwa, NSW, 2329
Accommodation/tourism
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Motel
POA
Phone enquiries - please call 1300 594 794 and quote property ID 37672. A complete unit block currently operating as serviced apartments, this property is a strong income earner with excellent potential for further expansion (STCA). Built in 1981, it comprises three one-bedroom apartments under a single roof, all situated on approximately 3,000sqm of land. The property spans two separate titles - one containing the existing units.All apartments have separate bathrooms, fully equipped kitchens, separate courtyards and independent entrances. All bathrooms have been fully renovated to a very high standard - including new plumbing and bridgework and a small European laundry with a front-loading washing machine. Each apartment has its own theme (the Wattle apartment, the Bottlebrush apartment and the Saltbush apartment). TVs are available in the lounge rooms and the bedrooms.Fully furnished with linen, crockery, cutlery, microwaves and fridges, these units are the only accommodation in town not located on the Golden Highway. Set in a quiet country street on a massive 3,000 square metre dual block, the units can remain as serviced apartments or be tenanted on a permanent basis.Due to a high demand in the area, the current occupancy rate is 100%. The most recent annual figures for 2025 financial year, a tax depreciation schedule and an inventory of existing items are available.These units will be sold as a going concern with an established website (MerriwaServicedApartments.au/), booking engine (Little Hotelier), additional linen, and furnishings and furniture.Enquire today to find out more.DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
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