1379 Ocean Drive, LAKE CATHIE NSW 2445
$2,950,000 Plus GST (if any)
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- 17 Oct 2016
34 Lot Council Approved Residential Sub Division and Resort
"If you are looking for the real deal and a sea change with an income then look no further'.
Approximately 4 Hectares of prime Real Estate situated between Port Macquarie and Laurieton on the Mid North Coast at Lake Cathie within area 14. This is truly a remarkable property . This Motel consists of 15 rooms, 4 Air Conditioned Cabins, Managers Accommodation, Wifi , Swimming pool, Half size tennis court, 9 hole Golf Course, undercover BBQ area, Games room, Guest Laundry, and a council approved 34 lot Subdivision. The Motel Accommodation has all ground floor units and is beautifully maintained.
If you are thinking of buying and operating a Motel or just land banking with the provision to do the sub division at a later stage then make the call today and inspect the truly remarkable piece of Real Estate.
They are not making any more like this one for the price.
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
1379 Ocean Drive LAKE CATHIE