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Motel Leasehold For Sale - Superb Coastal Location - 1.5 Hours To Sydney

Sydney, New South Wales, Australia
Asking Price:
Leasehold $400,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Fantastic opportunity. Beautifully presented property in superb coastal location. Luxuriously appointed self-contained units. Nothing to spend. Enjoy a fabulous lifestyle. Motivated operator will reap the rewards.

Construction: 14 units - 10 studio and 4 family. Double storey brick construction with brick partitions and corrugated iron roof. In very good condition. Medium to large, well-appointed units in modern property.

Age: Built in 2012

Lease: Till --.--.---- - 21 Years

Rent: $18,333.34 per month

Land Area: 1,200sqm approx.

Tariffs: Studio $130-$390; Family $275-$620

Chain Affiliation: No

Laundry: Storage rooms only - All Linen Hired

Services: All units Self-Contained, Split System Reverse Cycle Air-Conditioning, Spa Baths in all rooms, Underground Parking, Inground Salt Pool, Foxtel, Fire Rated

Turnover: 20/21$563,885

Residence: Nicely appointed modern unit attached to reception. Two Bedrooms with built-in wardrobes, combined lounge/dining; kitchen, bathroom, private yard.

Comment: The Central Coast is one of the most sought-after areas in New South Wales. Delightful property with outstanding potential. All units include self-catering so makes management very easy. Don't miss this opportunity.

MQ Property ID:
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