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Motel In Central Coast Prime Location For Sale

New South Wales
  • $470,000

Sales revenue:
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Description: Central Coast prime location. Close to rail transport to Sydney. B&B only. Strong tariffs. Long lease – extension possible.

AAA Rating: 3 star

Construction: Single level brick and tile on concrete slab foundations with brick wall partitions and tile roof. Solid construction. Excellent paintwork. Medium size units & bathrooms. Good quality appointments.

Residence: 3 bedroom, 1 with built-ins. Lounge, dining, bathroom, private yard, own kitchen and double lock-up garage. Good size. Joins reception.

Age: Built 1960

Clientele: Reps, tourists, country people who commute to Sydney.

Land Area: 2725sqm approx.

Tariffs: Single/Double $95 - $105; Family (4) $165 - $185; Extra person $15

Chain Affiliation: N/A

Lease: Expires 16.11.2030. Rent $104,234 inclusive.

Laundry: Commercial equipment. Sheets sent out, balance done on-site.

Restaurant: No

Services: Room service (breakfast), microwaves available, pool, gas BBQ, reverse cycle air-conditioning. Fire rated.

Turnover: $370,000 2008/2009.

Occupancy: 58% approx.

Comment: Very well presented motel. Easy to operate. Great Central Coast location. Walking distance to railway station and shops.



Real Estate:
Lease


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