BEGA NSW 2550
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- 5 Jan 2017
147MF - The Ideal Home / Business Combination
For those looking to find a Freehold motel of solid construction, consistent turnover with primarily commercial clientele, room to physically expand (STCA) and easily run by a couple or family, then this well-presented property on the South Coast is a must go onto your short-list.
With 13 refurbished rooms, pool / entertaining area, comfortable three bedroom residence and beautifully landscaped gardens this is truly a home / business proposition.
In addition there is around 950 m2 of vacant land at the rear with separate access that could house some family cabins.
This is one of the South Coast's 'picture postcard' locations and the area is being enhanced by major retail and medical projects that bring long term positive changes to the population.
The whole package at $1.1 mil is just waiting for a new family to take possession. Call us to discuss.
Net profit $138,405 for 2015/16
Contact Mike Herringe or Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 147MF (quote when enquiring)
Location: The Bega Valley Shire is located at the south-eastern extremity of New South Wales approximately half way between Sydney and Melbourne. Bega is the main commercial and administrative centre in the Shire. It is the focus of agricultural activity, famous for its Bega cheese and dairy industry.
Like no other place on earth - the unique coastline abounds in deserted beaches, tranquil rainforests, serene rivers and lakes, and picturesque mountain backdrops. This is a land of natural beauty, abundant wildlife, cultural diversity, and great food and wine.
Economy The following developments are certain to ensure that Bega and its economy continue to grow.
Under construction is a new shopping centre that will house Big W, Woolworth, Dan Murphy's and 29 specialty shops.
Bega Cheese has signed a major contract with Coles that will bring many people to the area.
Currently a DA is in place for a new Regional Base Hospital that will be the largest on the South Coast.
Property Code: 1869
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