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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.
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'.
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