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Motel Leasehold For Sale – Strong Growth - Great Opportunity For Sale

New South Wales, Australia
Asking Price:
Leasehold $495,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

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:

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