Accommodation and Tourism
NSW
Ref: 4007156

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


Facebook
To receive updates via your Facebook newsfeed please www.fa... (click to show)
www.fa... (click to show)" target="_blank">click here, or visit www.fa... (click to show)www.fa... (click to show)" target="_blank">www.fa... (click to show) and like our page.

Twitter
To follow us on Twitter please www.tw... (click to show)www.tw... (click to show)" target="_blank">click here or visit www.tw... (click to show)www.tw... (click to show)" target="_blank">www.tw... (click to show)

LinkedIn
To connect on LinkedIn www.li... (click to show)www.li... (click to show)-quinlan-&-associates" target="_blank">click here or visit www.li... (click to show)www.li... (click to show)-quinlan-&-associates" target="_blank">http://www.li... (click to show)-quinlan-&-associates

Price: Leasehold $550,000
Manenti Quinlan & Associates
Email this Agent   question mark popup button

Australian enquiry? Yes No

Broker : Ray Larkin
Phone: 02 9744... (click to show)
Mobile: 0407 220... (click to show)
Fax: 02 9745... (click to show)
Address:
Suite 101, Level 1, 74-76 Burwood Road
Burwood, NSW, 2134


Tool Box RSS Feed