MOTEL FOR SALE - PRIME MID NORTH COAST LOCATION - PRISTINE INSPECTION

$3,300,000

Description: Great waterfront location. Lifestyle property which will make an excellent living. This property is around 40 years young and inspects like new. Vendors have been fastidious owners and have looked after and presented the property with great pride.

Star Standard: 3 Star Standard

Construction: Brick and tile construction. 6 units including cottage

Interior: Units are approximately 45m2 with full kitchen and undercover parking. Spotless presentation.

Age: 40 years (approx)

Clientele: Tourist, local travelers, limited business trade.

Land Area: 1,391m2 (Approx.)

Tariffs: From $150.00 per night (minimum two night stay)

Occupancy: 40% - Current owners are elderly and run the business like a hobby. They leave the "No Vacancy" sign on permanently and take guests as they wish.

Turnover: 2022/23 $145,370; 21/22 $90,686; 20/21 $104,643

Chain Affiliation: No

Laundry: Yes

Restaurant: No

Services: Reverse cycle air-conditioning, full kitchen, undercover parking, BBQ, garden, Wi-fi, Fire Rating approved.

Residence: Immaculate and stunning two storey residence overlooking the river and out to sea. Magnificent home that has the potential to attract over $1M if it were to be offered as a home alone. Two bedrooms master with walk-in robe and 2nd bedroom with built-in wardrobe. (Could be 3 bedrooms plus study), Office, lounge, dining, two bathrooms, laundry, own kitchen, private yard and double garage.

Comment: Well maintained and beautifully presented holiday units. Stunning family home. Great waterfront location. Rarely do you find an offering like this.

MQ Property ID:
7750091


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  • Suburb  
  • Region Mid North Coast
  • Property Type Accommodation/Tourism
  • Status For Sale