COFFS HARBOUR NSW 2450
Reduced $320,000 Leasehold
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- 14 Mar 2017
326ML - Refurbished Coastal Starter Motel
- 20 well presented refurbished rooms of varying types
- 20 years remaining on lease from June 2015.
- Fixed rent for 5 years from 2015
- Highway frontage in large desirable coastal city
- Air conditioned two bedroom residence plus sleep out
- Building has had full repaint, inside and out
Net profit $53,505 for 2015/16
Contact Warren Sweetman from Tourism Brokers for further information or to arrange an inspection.
Property ID: 326ML (quote when enquiring)
Location: Coffs Harbour is a breath-taking tapestry of colour, encompassing quaint villages, national parks, mountain escarpments, 90 kms of sandy beaches, islands and marine reserves. Located half way between Sydney and Brisbane on the Mid North Coast of NSW, Coffs Harbour is the regions hub, surrounded by the delightful seaside and hinterland communities of Bellingen, Sawtell, Coramba, Woolgoolga and more.
The Coffs Harbour Regional Airport is one of the largest and busiest regional airports in New South Wales, handling regional, domestic and international style aircraft. Local transport operators including taxis, car hire and airport and touring shuttle companies offer services throughout the region. Bus companies also provide regular daily routes north, south and west to / from Coffs Coast.
Coffs Harbour is one of the fastest growing and most dynamic areas within regional NSW. With its strategic location, half way between Sydney and Brisbane, Coffs Harbour offers the opportunity to be in business and grow the quality of work/life balance. In 2009 the NSW Government officially recognised Coffs Harbour as a 'Centre of Strategic Growth' indicating Coffs Harbour's economic and social importance to NSW.
The town has a university (the Southern Cross University), a public hospital, and a private hospital, several radio stations, and three major shopping centres. Eateries and restaurants are plentiful. Clubs and pubs with counter meals and entertainment; exotic Asian, Indian, Thai and Chinese and fresh creative cuisine, coffee and cakes from cafes and restaurants especially along the Jetty Strip in Coffs and First Avenue at Sawtell.
Property Code: 968
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