MOTEL FOR SALE - LE GEORGE MOTEL, PORT MACQUARIE - MAGNIFICENT PANORAMIC WATER VIEWS - 929.5M2

$3,895,000

LOCATION - LOCATION - LOCATION!

Description: The Le George Motel occupies 929.5m2 of prime land located on the Hastings River with magnificent panoramic water views from each room. 200 metres to the town centre and a short walk to the beaches along public walk paths which run right at the back of the motel along the river.

Rating: 3.5 Star

Construction: Rendered brick construction with cliplock roof. Well presented with paintwork in good condition.

Interior: 15 modern, well presented rooms - all with balcony and water views. 2018 refurbishment included painting and luxury bathroom upgrade.

Year of Construction: Approx. 1970

Residence: 2 Bedroom

Clientele: Tourists, short break, local function, country trade, winter groups and bus trade.

Land Area: 9.29.5 sqm approx.

Height Restriction: 19 Metres

Tariffs: Budget Double Room From $155; Waterfront Double or Twin Room with Balcony From $219; Waterfront Queen Room with Balcony From $205

Restaurant: N/A - Walking distance to cafes and restaurants

Services: Air-Conditioned, swimming pool, free Wifi, off-street parking, all rooms have refrigerator, microwave oven and tea and coffee making facilities

Comment: Port Macquarie is a thriving location with a population of approximately 50,000 and strong growth predictions. The Le George Motel is well positioned to take advantage of this growth. The Le George Motel's superb location represents a fabulous opportunity for redevelopment or alternatively further investment in the business.

MQ Property ID:
7047605 - 1P2437

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
LinkedIn
To connect on LinkedIn click here or visit http://www.linkedin.com/company/manenti-quinlan-&-associates