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Accommodation & Tourism business for sale in Merimbula

  • Accommodation & Tourism
  • Merimbula NSW 2548
  • $3,600,000 (GST na)

Motel For Sale - South Coast - Best Redevelopment Site In Merimbula & Far South Coast

Description: The best redevelopment site in Merimbula & Far South Coast. 3,600m2 of land with the benefit of 2 street frontages and located a short stroll to the shopping centre.

Well positioned motel, close to town centre with water views. Good coach trade motel.

Construction: Brick construction with cliplock iron roof and brick partitions. Single level 25 unit motel in very good condition. Variation of unit sizes - appointments in very good condition.

Age: Approx. Built 1990

Clientele: Coach Trade, Tourists, Holiday Makers, Workers

Land Area: 3,600m2

Tariffs:
Single $90 to $130; Double $90 to $140; Family $110 to $170; Extra Person $20

Restaurant: 45 seat (coach trade only), licenced, room service - breakfast

Laundry: Domestic heavy duty, sheets hired - remainder owned and laundered on site

Services: Inground salt pool, gas barbecue, off-street parking - boats, trailers, heavy vehicles, D/Dial telephones, fire rated

Turnover: 20/21 $249,523.53

Occupancy: 50%

Residence: 2 bedroom - 1 with built-in wardrobe, lounge, bathroom/toilet. Joins reception - suit couple.

Comment: Has been managed for many years - would respond well to owner operator. Possible redevelopment site for up to 12 apartments.

MQ Property ID:
5945366

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Business Highlights

Business ID2016589567
Floor AreaAsk Business Broker
Category
Last updated  18 Jan 2024
Map for Merimbula NSW 2548
Map for Merimbula NSW 2548Merimbula NSW 2548

Business Highlights

Business ID2016589567
Floor AreaAsk Business Broker
Category
Last updated  18 Jan 2024

Co-Brokers

Ray Larkin
Manenti Quinlan & Associates
Call
0407 220 116
Malcolm Mathie
Manenti Quinlan & Associates
Call
0417 254 395

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