MOTEL FOR SALE - Ocean Front Motel, The Entrance

SOLD

The Ocean Front Motel is situated at 100-102 Ocean Parade, The Entrance, approximately 93km north of Sydney and 75km south of Newcastle. The Entrance, postcode area 2261, is one of New South Wales fastest growing regions and has a population of 45,500 residents.

The Ocean Front Motel offers some of the best motel accommodation available on the Central Coast. The Entrance is 1hr from Sydney via the F1 Freeway or easy train trip from Sydney to Wyong.

Rooms:
31

Site Area:
1,802m2

Facilities:
- Licenced Restaurant (Leased Out: 4 + 4 Year Term)
- 31 Suites
- 8 Spa Suites
- Meeting & Function Room (16 People)
- Outdoor Barbecue Area Under Building
- Parking - 12 Bays
- On-Premises Parking - Uncovered - 14 Bays
- Ocean Swimming at Front of Property(Ocean Baths and Rock Pools)
- Guest Laundry
- 3 Bedroom Owner/Manager's Residence

Building Age:
Built 1988

Last Renovation:
- 10 Units Fully Renovated 2015/16
- Building Painted & Rendered 2015

Operating Arrangement:
Currently Managed, and has been for many years, on behalf of owners

Services:
Reticulated Water, Sewerage, Telephone, Gas &Electricity.

Clientele:
Short holiday stays, tourists and corporate trade


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