Property Details

Price $985,000
Property ID 1178760

MOTEL FOR SALE - SOUTH COAST HWY LOCATION

Description: Single level brick motel on South Coast highway. B&B only with outstanding landscaped gardens. Very well maintained. Current owners have used it as a semi-retirement. Close to major tourist centre. First time offered in many years. Very quiet and comfortable.

AAA Rating: 3.5 star

Construction: Single level double brick and tile with brick wall partitions. Very sound and in excellent condition. Spacious, well-appointed units, spotlessly maintained. New paintwork.

Residence: 3 bedroom, 2 with built-ins, lounge/dining, bathroom, two toilets, share kitchen, private yard. Excellent ground level family residence. Joins reception.

Age: Built 1983 approx.

Clientele: Local workers, passing trade, limited rep trade, seniors.

Land Area: 2,050sqm approx.

Tariffs: Single $85 - $140; Double $99 - $155; Family (4) $127 - $183. Extra Person $14

Chain Affiliation: No

Laundry: Full commercial equipment. All owned and done onsite.

Restaurant: No

Services: Room service breakfast, internet access, air-conditioning, microwaves in units, in-ground salt pool with spa, BBQ, parking at front of units, Austar, fire rated.

Turnover: 2017 $153,705; 2016 $121,084; 2015 $117,605

Occupancy: 40% approx.

Comment: Delightful B&B motel in pristine South Coast village, close to restaurants, golf club and beach. A wonderful place to call home with a good income.


MQ Property ID
1178760


Facebook
To receive updates via your Facebook newsfeed please click here, or visit www.facebook.com/ManentiQuinlan and like our page.

Twitter
To follow us on Twitter please click here or visit www.twitter.com/ManentiQuinlan