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Description: South Coast consistent performer in busy growth location. With major improvements to the Princes Highway this area must grow strongly in value in the coming years. 2,800m land, 300m to the post office and shops, view to the ocean and harbour. Modern refurbished residence ideal for family with large living area. All this and only 3 hours from Sydney.
Rating: 3.5 star
Construction: 13 units. Single level brick construction with flat cliplock roof and brick partitions, in very good condition for age. Tastefully decorated with modern touches. Soft refurbishment completed.
Zoning: Approved for 14 Metres
Residence: 3 bedroom with built-ins, 'commercial-style' kitchen, combined lounge / dining, shower/toilet, triple garage, rear courtyard. Very modern, refurbished residence. Perfect for family. Large with modern décor.
Age of Building: 1967
Clientele: Reps, passing trade, tourists, short break holiday trade.
Land Area: Approx. 2,800 m2
Tariffs: Single $95 - $105; Double $95 - $105; Family $150-$130; Extra Person $15
Chain Affiliation: No
Laundry: Domestic. Own towels - laundered in house -all other linen hired.
Services: Reverse cycle split system air-conditioning, gas BBQ, inground pool, cooking facilities in family room, parking in front of rooms.
Turnover: 2017$299,977 – 2016$297,725 - 2015$244,291
Occupancy: 56% approx.
Comment: Fantastic location with a surprisingly modern three bedroom family residence. Strong, consistent performer. Owners have been updating and rooms are quite tasteful. Owners obligated elsewhere, leaving a great starting point to take it to the next level. Suit motivated owner operator.
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