134 Manning River Drive, TAREE NSW 2430
$825,000 plus GST (if applicable)
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- 25 Oct 2016
HEREFORD LODGE MOTEL
Located on the southern approach to Taree and just off the freeway, the Hereford Lodge Motel offers an opportunity to own your own business or to redevelop the site for another use under the B6 Enterprise Corridor Zoning Land use.
The land area is 4531 sqm and comprises 4 separate titles.
The motel has 12 ground floor air-conditioned units, together with a spacious 2 bedroom mangers residence with office & a reception area, together with potential 3rd bedroom. All units have undercover car-parking and a swimming pool is available for guests use.
The owner is keen to retire after 20 years, with many guests now friends and returning regularly to stay.
Your inspection of this motel is strongly recommended as you will be able to further update and enhance the complex.
$825,000 + GST if applicable
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
134 Manning River Drive TAREE