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- 17 Mar 2017
MOTEL FOR SALE- SINGLE LEVEL B&B ON 10 ACRES
Description: Stunning single level B&B motel set on 10 acres of prime land. The ultimate lifestyle property. Extensive refurbishment has been done. Large shed for storage. This area will grow strongly as the southern Highway is improved.
AAA Rating: 3.5 star
Construction: 12 units. Single storey double brick with tile roof and brick wall partitions. Variation of unit sizes and configurations. Appointments in very good condition well maintained. Fresh paintwork – presents well.
Age: Built 1980s approx.
Clientele: Holiday makers, tourists, interstate travellers, local workers.
Residence: 3 bedroom with built-ins. Lounge/dining area, bath/toilet, huge private yard, 3-bay American barn garage + carport. Excellent family residence - joins reception.
Land Area: 10 acres acre approx.
Tariffs: Single $95 - $135; Double $105 - $145; Twin $115 - $155; Family (4) $130 - $170, Extra Person $15.
Chain Affiliation: No
Laundry: Commercial heavy duty. All linen hired.
Services: Room service breakfast, split system reverse cycle air conditioning, in-ground salt pool, microwave ovens, gas BBQ, wifi, fire rated.
Occupancy: 60% approx. 2015/2016
Comment: Delightfully presented Motel in pristine rural South Coast setting, highway frontage. Current owners have completed an excellent upgrading program. Ideal for those who appreciate space.
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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