Description: Overlooking the ocean inlet and only 2 hours from Sydney; fabulous lifestyle with huge development potential; two separate blocks of land. Fully refurbished. Immaculate inspection. Stunning water views.
AAA Rating: 3 Star.
Construction: Brick and concrete; very solid with brick partitions and tiled roof. Landscaped grounds & gardens.
Residence: 2 bedrooms; lounge/dining; toilet/bath; large rope around balcony; tile floors; Water views from living area and balcony. Immaculate inspection.
Age: Built in two stages: 1985-1990.
Clientele: Visitors, fishing reps, oyster buyers, holiday trade, air force.
Land Area: 1900m2 approximate.
Tariffs: Single $89-$140; Double $95-$140; Family $120-$250; Extra Person $15.
Laundry: Small commercial with Maytag washer and dryer.
Restaurant: Next door to Licensed Seafood Restaurant.
Services: Continental breakfast to rooms; Council pool and park adjacent.
Turnover: $250,000 2010/2011; $300,000 budgeted for 2011/2012
Occupancy: 65% approximate.
Comment: Fabulous site with stunning water views and excellent potential for owner/operator. The property has development potential for the future and is highly recommended. There is also an adjoining house available at an additional cost. Water front business at the cost of an average house. Dont miss this!
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