NAROOMA NSW 2546
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- 20 Dec 2016
1574MF - South Coast Motel Starter
Extensive landscape and refurbishment works recently completed.
Spacious owner's residence with rear secure yard area, separate to guest yard area.
Ability to add significant value and grow the business.
New carpet and curtains in a number of the rooms.
Solar hot water system installed.
Most motel rooms repainted.
New paving for walkways and entry areas.
Established barbeque and rear deck area for guests.
Especially popular with groups as it caters for divers, cyclists, fisherman, golfers and explorers of the nearby National Parks.
Comfortable rooms with a variety of accommodation styles plus a large covered common room, landscaped meeting and barbeque areas and a community kitchen.
Whale watching (Sept-late Nov), Penguins (Sept-Jan), Fishing, Kayaking, Bike Riding, Surfing, Waterfalls and bushwalks, Golf and Horse Riding are some of the many activities for guests in the area in addition to travel and work.
Net profit $69,000 estimated for 2016/17
Contact Mike Herringe or Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1574MF (quote when enquiring)
Location: Narooma is a little coastal haven surrounded by world-class beaches and the serenely beautiful Wagonga Inlet. Renowned for its pristine environment and for the whales, seals and penguins that frequent Montague Island 9km offshore, it also boasts one of the top public golf courses in Australia and unparalleled inlet, reef and ocean fishing. Narooma is a three-hour drive south-east of Canberra, a five-hour drive south of Sydney and an eight-hour drive north of Melbourne.
This small town is big on all those things that make Australia special - great climate, undeveloped beaches, expansive eucalypt forests, abundant and spectacular native wildlife, fabulous food, and people who appreciate that they live in one of the best spots on the planet. On top of that, its oysters are the best in Australia and the fishing is so good.
Narooma has a diverse range of individual shops - there are supermarkets, butchers, bakeries, bottle shops - everything you'd expect from a vibrant small town. The local seafood is among the best on the planet, and you can watch the boat pull up and then buy that morning's freshly filleted catch.
Property Code: 2161
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