Accommodation and Tourism
NSW
Ref: 4616061

MOTEL LEASEHOLD FOR SALE – STRONG GROWTH - GREAT OPPORTUNITY

Description: Great opportunity to invest in a beautiful location with great amenities and beautiful south coast lifestyle

Star Rating: 3.5 star

Construction: 26 units. Single storey brick veneer constriction with iron roof and brick and soundproofed partitions. In very good condition.  Medium sized rooms, mostly refurbished, with numerous bedding options.

Residence:  Large family style residence, all fully refurbished, with modern appliances. Three bedrooms with built-ins, kitchen, lounge, dining, shower, toilet.

Age: Built 1970s
    
Clientele: Corporate & Leisure Travellers

Land Area: 6,500m2 Approx..

Tariffs: Single $75 - $250; Double $75 - $250; Family $105-$350

Chain Affiliation: No

Laundry: Commercial - New Equipment.  Two Plus changes of linen in good condition.  Guest laundry.

Restaurant: No

Services: Split System Air-Conditioning, indoor salt pool, sauna, playground, fire rated.

Lease: New 30 Year Lease

Rent: $130,000 per annum

Turnover: $550,000 Accommodation exclusive of GST

Comment: Money has been spent.  Smart owner has refurbished and done it very nicely.  Strong growth region, brand new bathrooms, easy to run operation.  This property is a 'must see'.

MQ Property ID:
4616061


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Price: Leasehold $495,000
Manenti Quinlan & Associates
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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


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