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Description: South Coast. Mix of motel units plus 1 & 2BR apartments with spectacular ocean view. Central location opposite busy club. 4 Star standard inspection with fully self-catering kitchens. One of the newest accommodation venues in the area. Very large family residence. Ideal business for couple with low maintenance, near new property.
Construction: 2 storey brick and clad construction with colorbond roof and brick partitions. Built 2006. 4 x Motel units, 4 x 1BR apartments, 4 x 2BR apartments. Very well constructed and in very good 'as new' condition. Large, modern and with fantastic ocean views. Presents very well.
Residence: 3.5 bedroom (2 x walk-in-wardrobes), kitchen, lounge, dining, bath, shower, toilet, garage. Refurbished in 2006 when the motel was built. Residence is a very large family residence with spectacular entertainers kitchen and the most magnificent views from nearly every window.
Age: Built 2006
Clientele: Reps, workers, fishing trade, tourists, interstate travellers, passing trade.
Land Area: Approx. 1,683 metres square
Tariffs: Single $120-$180; Double $130-$190; Extra Person $10; 1BR Apartment $150-$200; 2BR Apartment $180-$280.
Laundry: Commercial laundry. Sheets Hired. 2+ changes of linen. Units have their own laundry.
Services: Reverse cycle split system air-conditioning; 8 kitchenettes; parking in front of units.
Turnover: $250,000; Nett: $135,000 (Adjusted 5 Year Average)
Comment: Easy to run. Keen husband and wife team will increase revenue and benefit from a relaxed coastal lifestyle with such a modern low maintenance property.
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