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Sold on 26 May 2014

231 Glebe Road Merewether NSW 2291

  • Hotel, Motel, Pub & Leisure
  • 1,900 m²
  • Sold

ALOHA MOTOR INN, NEWCASTLE, NSW

    30 room motel in the heart of Merewether with latent operational upside, and development potential (STCA)

    CBRE Hotels, on behalf of the vendors, is delighted to offer this outstanding motel opportunity located on a corner of the Pacific Highway.

    * Freehold 30 room motel with going concern business (29 rooms operational)
    * Newcastle (Australia's 7th largest city) hotel market underpinned by consistent corporate demand
    * Operational upside for owners with new energy and drive to re-invigorate the business
    * 2km from famous Merewether beach, and 4km from Newcastle CBD
    * Favourable zoning for development potential (STCA)
    * 1,900 square metre site (approx.)

    For Sale by Expressions of Interest closing at 4:00pm on Thursday 14th November 2013.

    Property Highlights

    Property ID2016725674
    Date Sold26 May 2014
    Floor Area1,900 m²
    Land AreaAsk Agent
    ParkingOn site parking available
    Category
    Last updated  12 Jan 2021
    Map for 231 Glebe Road Merewether NSW 2291
    Map for 231 Glebe Road Merewether NSW 2291231 Glebe Road Merewether NSW 2291
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2016725674
    Date Sold26 May 2014
    Floor Area1,900 m²
    Land AreaAsk Agent
    ParkingOn site parking available
    Category
    Last updated  12 Jan 2021
    CBRE Hotels
    Level 21 363 George Street Sydney NSW 2000

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