MOTEL - BEST BUDGET BUY IN YEARS

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Description: North Coast. Best budget buy in years. Large land overlooking water way. Highway frontage. Huge improvement possible here.

AAA Rating: Not rated.
Construction: two storey brick & tile colonial style with concrete block wall partitions. Medium size units and bathrooms. Well maintained, clean and comfortable. Very attractive from highway.
Residence: 3 bedroom with built ins. Share kitchen, huge lounge/dining, back office, 2 bathrooms and massive private yard. Joins reception.
Age: 1959
Clientele: Passing trade, some group trade.
Land Area: 6792 approx.
Tariffs: Single $50 - $70; Double $55 - $80; Family (4) $75 - $95; Extra person $10
Chain Affiliation: No
Lease: No
Laundry: Domestic equipment with drying room. Linen all owned and done on site.
Restaurant: Yes with licence (not used)
Services: Limited room services, in-ground pool, BBQx3, communal kitchen, fire rated.
Turnover: $100,000
Occupancy: Unknown
Comment: What an opportunity for someone with some up and go. Vendor finance available. Options are enormous. Magnificent North Coast location. Close to major centre.