KEMPSEY NSW 2440
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- 30 Nov 2016
726MF - Highly Motivated Vendor
- 19 Ground floor units.
- 3.5 star rated property.
- Increasing Turnover.
- Recently renovated.
- Approximately 4.5 hrs north of Sydney.
- Saltwater pool and barbeque facilities.
- A short drive to the beach and local tourist spots.
The Motel is located just over 4.5 hrs north of Sydney and approximately 1km South of the city centre. It is situated on the North Coast about 15 minutes drive from Crescent Head Beach and 5 minutes drive from the Slim Dusty Centre.
This 3.5 star rated property contains 19 ground floor units that have all been renovated over the past 4 years. With a variety of room configurations, this is an ideal motel for stopovers, family getaways and commercial travellers.
The saltwater pool with its separate toddler pool and barbeque area is the perfect place to relax at the end of a big day. With room service available for breakfast and dinner, guests have everything they need without having to leave the premises. With a good current occupancy rate, this is a property worth looking at.
Net profit $187,316 for 2015/16
Contact Warren Sweetman from Tourism Brokers for further information or to arrange an inspection.
Property ID: 726MF (quote when enquiring)
Location: Kempsey is the commercial heart of the Macleay River valley, a progressive town with a strong sense of community and home to that famous Australian icon, the Akubra hat. It is ideally located almost halfway between Sydney and Brisbane on the Pacific Highway and the main north south railway line.
A number of Australia's leading industries have chosen to set up factories and businesses in the Macleay Valley and are enjoying the benefits of life in this progressive community. Akubra, Nestle Australia Ltd, Boral Bricks, CSR Humes Pipes, Australian Solar Timbers and Australian Pyrotechnics are just some of the businesses that call Kempsey Shire home.
The industry giants of the past still play an important role in the local economy today including timber, beef and dairy cattle, maize, potatoes, fishing, prawning and the much loved Macleay River oyster. New and exciting industries are emerging such as crayfish, deer, ostrich and emu farming. The horticulture industry is blooming and tropical fruit and vegetables flourish in the subtropical climate of the Kempsey Shire. The tourist industry is growing as more and more people discover this beautiful valley.
Property Code: 1669
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