Smart 4 Star Motel in fabulous coastal location with development potential. Very high standard boutique accommodation with licensed restaurant. Nine units and managers residence with DA for extra 4 units. The opening of the new freeway to Nowra from Sydney has made this area so easy to access. This should drive trade in the coming years.
Rating: 4 star
Construction: Brick & cedar with colorbond roof and brick partitions. Very well constructed and in 'as new' condition.
Interior: Medium to large sized rooms with excellent bathrooms and exquisitely furnished.
Residence: 1 Bedroom residence with nicely appointed fittings adjoining reception via stairs. Built-in wardrobe, kitchenette, lounge/dining, spa/shower/toilet.
Age: Built approx. 1960s; west wing 1999
Land Area: 2,725 square metres approx.
Tariffs: From $250 to $350
Turnover: 23/24$119,724.20; 22/23$121,360.77; 21/22$75,846.35
Laundry: Full commercial laundry. Guest laundry.
Restaurant: Seats 30 Persons. Licensed with cocktail bar area
Services: Reverse cycle air-conditioning; Resort style pool with spa; full commercial kitchen; gymnasium; High speed Wi-fi; beautiful gardens; parking in front of building.
Occupancy: 17%
Clientele: Weddings, birthdays, special occasions, tourists, high end short breaks, small groups.
Comment: Exclusive resort style feel with cosy restaurant. Currently not operated to full potential. Fantastic central harbour location. Current DA for 4 rooms. Elegant and tasteful with room to expand.
MQ Property ID:
1P1504