LISMORE NSW 2480
Offers From $5,250,000
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- 8 Sep 2016
Business For Sale - Freehold Motel + Approved DA
- This is The Best Built Motel I have Ever Seen!
- Presenting as new 34 rooms of superior standard.
- Onsite conference facilities, restaurant and bar.
- 10m outdoor pool and landscaped grounds .
- Private 3 bedroom, 2 bathroom manager's apartment .
- Large manager's office in addition to reception .
- Wheelchair accessible and lift to all rooms.
- Undercover parking with space for coaches.
- DA approved for a further 36 motel rooms.
- Option of extra 2 lots - total 1,731m2 with further building options.
This is a rare opportunity to purchase the best motel in town in a central location with development land and an approved DA in place. Headworks charges are also pre-paid for the DA for a further 36 rooms. Total land is in excess of 6,000m2 and has two street accesses. There is also the option to purchase a further two lots - total land 1,731m2 with a third street access (at additional cost- refer to agent).
This four year old motel presents as new and is being offered for sale for the first time by the original developer. The location is ideal - only a short walk to the CBD, less than 5 minutes drive to the University or two hospitals. You can have all this only 10 minutes to a regional airport and approximately 70 minutes to Coolangatta International Airport.
Don't miss out on this once in a lifetime opportunity.
Net profit $554,239
For further information contact:
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