- PROPERTY DETAILS
- BUILDING DETAILS
Now you can view details about this building.
Click this tab to view!
- Hotel / Leisure
- Floor area:
- Return (PA):
- Land area:
- Energy Efficiency Rating:
- NABERS energy rating
- Property ID:
- Virtual Tour:
- View Tour
- 22 Oct 2016
MOTEL FOR SALE- SOUGHT-AFTER COASTAL LOCATION
Description: Situated in one of NSW’s most sought-after coastal locations. Excellent mix of motel and self-contained apartment accommodation. Property has recently undergone refurbishment. Prime location with short walk to club and beaches. Property has been fully managed for many years. Massive potential.
AAA Rating: 4 star
Construction: 36 units (27 Motel; 9 Apartments). Two storey double brick/concrete with flat cliplock roof and brick wall partitions. Medium to large – built as a destination motel for extended stays. Very good – well maintained – paintwork excellent.
Age: Built 1980 - 2002 approx.
Clientele: Tourists – short and long stay, corporate, bus groups, sporting groups (sdf, bowls), short break out of Sydney, country farmers wanting holidays.
Residence: 2 bedroom, 1 with built-in, large dining room, toilet, bath. Ideal Manager’s Unit - suit couple. Property has been managed for many years.
Land Area: 3,500sqm approx.
Tariffs: Single $140 - $175; Double $140 - $175; Family $180 - $289; Extra Person $25. Apartments Daily $130 - 350; Weekly $750 - $2,450.
Chain Affiliation: No
Laundry: Commercial on-site. Linen as new. 2 plus changes.
Restaurant: yes, licensed.
Services: Room service, reverse cycle air conditioning, pool, BBQ, cooking facilities in apartments, ISD/STD phones..
Turnover: $1,106,163 – Bed Only - $620,000 Net Owner Operator
Comment: Prime position 200 metres to RSL Club. Walk to local beaches. 15 mins walk to shops. This area will boom with tourism in the future.
MQ Property ID:
To receive updates via your Facebook newsfeed please click here, or visit www.facebook.com/ManentiQuinlan and like our page.
To connect on LinkedIn click here or visit http://www.linkedin.com/company/manenti-quinlan-&-associates
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