101-102 Ocean Parade, THE ENTRANCE NSW 2261
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- 23 Dec 2016
MOTEL FOR SALE - Ocean Front Motel, The Entrance
The Ocean Front Motel is situated at 100-102 Ocean Parade, The Entrance, approximately 93km north of Sydney and 75km south of Newcastle. The Entrance, postcode area 2261, is one of New South Wales fastest growing regions and has a population of 45,500 residents.
The Ocean Front Motel offers some of the best motel accommodation available on the Central Coast. The Entrance is 1hr from Sydney via the F1 Freeway or easy train trip from Sydney to Wyong.
- Licenced Restaurant (Leased Out: 4 + 4 Year Term)
- 31 Suites
- 8 Spa Suites
- Meeting & Function Room (16 People)
- Outdoor Barbecue Area Under Building
- Parking - 12 Bays
- On-Premises Parking - Uncovered - 14 Bays
- Ocean Swimming at Front of Property(Ocean Baths and Rock Pools)
- Guest Laundry
- 3 Bedroom Owner/Manager's Residence
- 10 Units Fully Renovated 2015/16
- Building Painted & Rendered 2015
Currently Managed, and has been for many years, on behalf of owners
Reticulated Water, Sewerage, Telephone, Gas &Electricity.
Short holiday stays, tourists and corporate trade
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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
101-102 Ocean Parade THE ENTRANCE