Accommodation and Tourism
NSW
Price:
Leasehold $550,000
MOTEL LEASEHOLD - SOUTH COAST ADJACENT TO WATER For Sale
Description: South Coast. Adjacent to the water in prime visible location. Quality inspection. Walk to club and shops. Very easy operation. Currently fully managed.
Rating: 3 1/2 star
Construction: Brick with concrete slab foundations, colourbond roof and brick wall partitions. Just repainted. Very well maintained. No creaking. Large units - 30sqm plus. Recently fully refurbished. As new throughout.
Residence: 2 bedrooms with built-ins, private kitchen, lounge, dining, bathroom. Ideal for couple of small family. Adjoins reception. Very comfortable and well presented.
Age: 1987
Clientele: Strong repeat trade, reps, tourists, passing trade.
Land Area: 2500sqm approx.
Tariffs: Single $97 - $175; Double $105 - $250; Extra Person $20 - 25.
Chain Affiliation: No
Lease: New 30 Year Lease
Rent: $105,000 per annum + GST
Laundry: Small commercial plus guest laundry. All linen hired.
Restaurant: No, short walk to club and other restaurants.
Services: Room service breakfast only, cable TV, hair-dryers, pool, BBQ, parking at front of units.
Turnover: 2016/17 $418,390
Occupancy: 50.06% approx.
Comment: Adjacent to water. Excellent highway exposure. Easy walk to shops and restaurants. 150m to club. High quality property in prime position. Excellent water views. Highly recommended.
MQ Property ID:
4007156
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Rating: 3 1/2 star
Construction: Brick with concrete slab foundations, colourbond roof and brick wall partitions. Just repainted. Very well maintained. No creaking. Large units - 30sqm plus. Recently fully refurbished. As new throughout.
Residence: 2 bedrooms with built-ins, private kitchen, lounge, dining, bathroom. Ideal for couple of small family. Adjoins reception. Very comfortable and well presented.
Age: 1987
Clientele: Strong repeat trade, reps, tourists, passing trade.
Land Area: 2500sqm approx.
Tariffs: Single $97 - $175; Double $105 - $250; Extra Person $20 - 25.
Chain Affiliation: No
Lease: New 30 Year Lease
Rent: $105,000 per annum + GST
Laundry: Small commercial plus guest laundry. All linen hired.
Restaurant: No, short walk to club and other restaurants.
Services: Room service breakfast only, cable TV, hair-dryers, pool, BBQ, parking at front of units.
Turnover: 2016/17 $418,390
Occupancy: 50.06% approx.
Comment: Adjacent to water. Excellent highway exposure. Easy walk to shops and restaurants. 150m to club. High quality property in prime position. Excellent water views. Highly recommended.
MQ Property ID:
4007156
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Price Suffix abbreviations
P.O.A - Price on Application
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
Price:
Leasehold $550,000