35 Pacific Street, CRESCENT HEAD NSW 2440
$1,875,000 Plus GST (if any)
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- 12 Dec 2016
Looking For An Investment Opportunity That Returns 10.7%
"A Coastal Motel in Crescent Head"
This Motel consists of 9 refurbished units, three and a half star rating, attached managers residence and a licensed restaurant which seats 120 guests. The Mediterranean Motel is built on two levels and is situated on a high exposure site, approximately 200 metres from the village centre.
The Motel is situated on a 2174 square metre block with plenty of parking. There has been plans and a DA available for a further 16 rooms, plans are available on request. Don't miss this wonderful opportunity to purchase an iconic piece of real estate on the Mid North Coast on NSW.
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
35 Pacific Street CRESCENT HEAD