PORT LINCOLN SA 5606
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- 28 Sep 2016
LINCOLN NAVIGATORS INN
FREEHOLD AND BUSINESS (Leasehold Negotiable)
Established in 1883 Port Lincoln became a great centre for tourism, due to the scenic beauty and coastal locality. Ready access to both Spencer Gulf and the Great Australian Bight mark Port Lincoln out as a blue water playground for yachting, scuba diving, shark cage diving and game fishing.
With a prime Location and stunning views over Boston Bay, the Lincoln Navigators Inn is waiting for new motivated owners to add their stamp to a great existing business.
The Motel comprises of 11 quality refurbished motel units, 5 of which contain spa bath suites giving the Motel a 3.5 star rating. Upstairs is a fully licensed restaurant/function room (currently not in use) with dining capacity for 95 patrons with alfresco balcony views overlooking the bay.
A comfortable 3 bedroom residence adjoining the main reception provides excellent living quarters and the convenience of onsite management. A great opportunity for anyone wanting a sea change and to reap the benefits of a freehold property in beautiful Port Lincoln.
Asking Price $885,000. Freehold and Business.
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