YAMBA NSW 2464
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- 18 Oct 2016
MOTEL FOR SALE - NORTH COAST SEASIDE TOWN
Description: B&B motel in one of NSW's best addresses. North Coast. Walk to clubs, shops and marina. Excellent presentation. Not a cent to spend.
AAA Rating: 3½ star
Construction: Two storey brick & tile with concrete slab foundations and brick wall partitions. Very solid attractive building. Medium to large units including spa and family suite. Paintwork as new. Elevator installed in 2013.
Residence: 3 bedroom, built-ins, private yard, own kitchen, large family/lounge, dining, bath/toilet (new) and lock-up garage. A delightful family residence.
Age: Built 1984 - 1995
Clientele: Corporate, trade workers, tourists, holiday trade.
Land Area: 3200sqm approx
Tariffs: Single-Double $100- $175; Spa Unit $145- $195; Family (4) $160 - $295; Extra Person $20
Chain Affiliation: No
Laundry: Commercial equipment. Sheets hired, remainder owned.
Restaurant: No - Short walk to two clubs.
Services: Room service breakfast only, reverse cycle air-conditioning, microwaves, pool, spa, guest laundry, BBQ, fire rated.
Turnover: 2014/2015 $300,000 (Jul-Dec); 2013/2014 $465,643; 2010/2011 $447,787
Occupancy: 64% approx.
Comment: Large B&B motel, attractive grounds, great family residence in popular North Coast seaside town. Rapidly increasing trade. A must to inspect for all serious buyers
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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