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Description: Fantastic central location with generous and spectacular riverfront views.
Star Standard: 3.5 star
Construction: 20 units. Double storey brick construction with tile roof and brick wall partitions. Medium to large well-appointed rooms in riverfront location. 10 rooms have sensational water views.
Age: Built 1980s
Clientele: Corporate clientele and a good mix of leisure and transit clients.
Tariffs: Single $99 - $110; Double $99 - $110; Family $165 - $185; Extra Person $10
Chain Affiliation: No
Lease: 19 Year Lease
Rent: $140,000 per annum excl. GST
Laundry: Commercial Laundry - All Linen Hired. Guest Coin-Operated laundry
Restaurant: No - Walk to club and town restaurants
Services: Room service - breakfast only, split system air-conditioning, in-ground salt pool, parking in front of rooms, Foxtel, cooking facilities 6 rooms, fire rated.
Turnover: 2017/18$453,254; 2016/17$505,443; 2015/16$440,307;
Residence: 4 bedrooms all with built-in wardrobes. Large family sized residence above reception.
Comment: Good turnover but will increase with motivated owner operator who will reap the rewards.
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