Property Details

Price $2,500,000
Property ID 3758569

MOTEL FOR SALE- POPULAR CENTRAL COAST AREA

Description: One and a quarter hours from Sydney in one of the Central Coast’s most sought-after areas. 2 mins to famous beach, coffee shop and restaurants. Very strong year round trade. Small property with high turnover and tariffs. Ideal semi-retirement property – so easy to operate.

AAA Rating: 4 star

Construction: 8 units. Two storey brick construction with tile roof and brick wall partitions. Large spacious rooms with outdoor areas. One unit has full kitchen / lounge area. Quality furnishings throughout.

Residence: 1 bedroom with built-in and small private yard. Current owner uses one unit for Managers.

Age: Built 2001 approx.

Clientele: Short break stays, tourists, trade workers, reps.

Land Area: 1000sqm approx.

Tariffs: Single $119 - $450; Double $119 - $450;

Chain Affiliation: No

Lease: No

Laundry: Small semi-commercial. All linen hired.

Restaurant: No

Services: Self-service continental breakfast, guest kitchen with microwave and tea making facilities, reverse cycle air-conditioning, fire rated.

Turnover: $350,000

Occupancy: 70% approx.

MQ Property ID:
3758569


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