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- 18 Oct 2016
MOTEL FOR SALE - Yamba Sun Motel
Description: Positioned on the main street of Yamba, adjacent to the bowling club and a short walk to the marina. Yamba is rated as one of the best coastal addresses on the eastern seaboard of Australia. Properties in the area are very tightly held.
AAA Rating: 3½ star
Construction: Two storey brick with clip-lock iron roof and brick wall partitions. Good medium to large units and bathrooms. Appointments are in very good condition. New carpets and curtains. 4 new units. Great inspection.
Residence: 2 bedroom with built-ins, large living and dining area, bathroom, share motel kitchen (new), lockup garage, private yard and balcony. Very good modern residence - joins reception.
Age: Built in 2 stages 1981 - 2003
Clientele: Reps, tourists - international and Australian, passing travellers, fishing and surfing market.
Land Area: 1565sqm approx.
Tariffs: Single $100 - $175; Double $120 - $175; Extra Person $20
Chain Affiliation: No
Laundry: Commercial (new dryers). Linen all owned. Sheets sent out.
Restaurant: No - opposite bowling club.
Services: Room service breakfast, microwaves, gas BBQ, in-ground pool, split system reverse-cycle air conditioning, fire rated, all new hot water services.
Turnover: 14/15 $200,000 + (Jul-Dec); 13/14 $307,522 net GST
Comment: Motel diagonally opposite the new bowling club and country link coach stop. Close to marina. Walk to shops. Vendor says sell. Great value. Exclusive listing.
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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