Property Details

Price FREEHOLD $3,300,000


Description: 17 Unit Motel in beautiful Bermagui - one of the South Coast's waterside gems. Stunning coastal scenery and fishing location. Set on 3,300m2 land with room to expand. The South Coast has experienced strong growth over the last 2 years and this will continue as the highway improves in the coming years. Easy to operate lifestyle property.

Rating: 3.5 star

Construction: Single level double brick & clad with colorbond roof. In very good condition for age. Larger style motel rooms, tastefully decorated with numerous bed options.

Residence: 2 bedroom with built-in wardrobes (ensuite to master). Lounge/dining, 2nd lounge upstairs, bath/toilet, private balcony. Magnificent, million dollar plus residence with harbour and ocean views.

Age: Built 1965

Clientele: Fishing and golf groups, tourists, short breaks, passing travellers.

Land Area: 3,300 sqm approx.

Tariffs: Single $120-$140; Double $145-$165.

Laundry: Commercial laundry. All laundry hired. Guest laundry.

Restaurant: No.

Services: Reverse cycle air-conditioning, gas BBQ, 2 x kitchenettes, parking in front of units.

Turnover: $400,000

Comment: Nicely manicured gardens with space to expand at the rear to develop or start from scratch.

MQ Property ID:

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