100 Bruxner Highway, SOUTH LISMORE NSW 2480
$385,000 or near offer
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- 4 Nov 2016
Motel Lease Offered - Price Reduced by $90,000 | Resort Brokers ID : LH003922
Resort Brokers ID : LH003922
- 23 plus year lease term.
- AAA 3.5 star rated motel operating at 65% occupancy.
- Fully refurbished in 2015 to an excellent standard (presents like new - not a penny required to be spent).
- Offered below market value for quick sale.
- Freestanding manager's residence with four built-in bedrooms, two bathrooms and double lock-up garage.
- Located in regional north coast ‘Capital’ City of NSW.
- University City with Jet airport, own TV station and only 40 minutes to surf beach.
- Single level motel, 15 ground level rooms on major highway.
- Huge opportunity to grow business through Internet and website marketing.
NB: Property inspections are by appointment only
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
100 Bruxner Highway SOUTH LISMORE