Motel On South Coast NSW Adjacent To Water For Sale

Business description

Description: South Coast. Adjacent to the water in prime visible location. Quality inspection. Walk to club and shops. Very easy operation. Currently fully managed.

AAA Rating: 3 1/2 star

Construction: Brick with concrete slab foundations, colourbond roof and brick wall partitions. Just repainted. Very well maintained. No creaking. Large units – 30sqm plus. Fully refurbished last year. As new throughout.

Residence: 2 bedrooms with built-ins, private kitchen, lounge, dining, bathroom. Ideal for couple of small family. Adjoins reception. Very comfortable and well presented.

Age: 1987

Clientele: Strong repeat trade, reps, tourists, passing trade.

Land Area: 2500sqm approx.

Tariffs: Single $87 - $175; Double $97 - $250; Extra Person $15 - 20.

Chain Affiliation: No

Lease: No

Laundry: Small commercial plus guest laundry. All linen hired.

Restaurant: No, short walk to club and other restaurants.

Services: Room service breakfast only, cable TV, hair-dryers, pool, BBQ.

Turnover: $367,232 2010/2011; $370,674 2009/2010

Occupancy: 40% approx.

Comment: Adjacent to water. Excellent highway exposure. Easy walk to shops and restaurants. 150m to club. High quality property in prime position. Excellent water views. Highly recommended.

Property information

Real Estate:

Real Property Included