YAMBA NSW 2464
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- 11 Nov 2016
1523MF - Easy to Run - Modern Coastal Motel - Under Management
A delightful 16 room motel by the river, within walking distance to beautiful beaches and CBD, which offers plenty of speciality shops and cafes. Great position with Bowling club and Bistro across the road. Delightful two/three bedroom residence has water views. Great opportunity to secure a rare, very well maintained and presented coastal business and home. If you are seeking a Sea Change, then this is the perfect town and business to get you away from the stress. Get in now while prices are low. Vendor is open to serious offers.
Net profit available on request.
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection today.
Property ID: 1523MF (quote when enquiring)
Location: Located 682 km north-east of Sydney, Yamba is a quiet seaside town on the southern side of the Clarence River estuary. Opposite, on the northern side of the river mouth, is Iluka. Yamba is economically driven by its substantial fishing fleet (the Clarence River is a major source of the nation's seafood) and its capacity to draw those looking for a relatively quiet holiday destination beside the sea. Of course, some of those leisure-seekers are also drawn by the fish.
The town's reputation for recreational fishing was greatly encouraged by the inauguration of an annual fishing contest in 1958, initially hosted by famous radio personality, Jack Davey, who retreated to Yamba to relax and fish. The Yamba Family Fishing Festival is now held in September or October.
Property Code: 418
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