784 Pacific Highway, MARKS POINT NSW 2280
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- Hotel / Leisure
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- 0 x Onsite parking
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- 0.0 NABERS energy rating
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- 5 Dec 2016
Great lifestyle option with great income potential
Palms Lodge comprises a 16 unit motel with live in caretaker quarters, a 13 metre in ground pool, large barbeque area and parking for motor homes, boats and caravans. All rooms have been totally renovated and the motel re-opens to the public mid November. Palms Lodge provides the perfect opportunity for the owner/operator to live comfortably on site and maange the totally renovated motel whilst enjoying a great lifestyle in Lake Macquarie.
The subject property is located on the western side of the Pacific Highway, Marks Point. Situated just minutes from Lake Macquarie, the beach, shops and golf course, this is the ideal location.
The site is zoned Medium Density R3; a Development Application for 15 townhouses can be submitted to provide the purchaser with a ready-made option to redevelop the property (STCA).
For Sale - $2,500,000.
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
784 Pacific Highway MARKS POINT