MOTEL LEASEHOLD - BEAUTIFUL LOCATION - NORTH OF NEWCASTLE
SOLD
Description: Very tidy, beautifully maintained, highway frontage motel within two hours of Sydney. Very highly sought-after region close to Newcastle, Hunter Valley & Port Stephens.
Star Standard: 3.5 star
Construction: Brick & tile, single level with brick partitions. Presents very well. 14 units - 1 small unit, remainder medium size, with well-presented bathrooms.
Age: 1979
Clientele: Tradies, interstate travellers, bus drivers, fishing groups, golfers.
Land Area: Three quarters of an acre
Tariffs: Single $94-$99 ($119-139 Holiday Period); Double $99 ($119-139 Holiday Period); Extra Person $15.
Chain Affiliation: N/A
Lease: 25 Years
Rent: $63,053 per annum exclusive of G.S.T.
Laundry: Full commercial. Towels and pillow slips owned and laundered on site. Sheets sent out for laundering. Linen in good to new condition - 2 Plus changes.
Restaurant: N/A - 100 metres to club overlooking water.
Services: Room service - breakfasts, licensed, air-conditioning, BBQ, parking in front of units, fire rated.
Residence: 3 bedroom with built-ins, kitchen, large lounge/dining, bath/toilet, storeroom, carport. Larger than average motel residence - joins reception.
Comment: Recently refurbished to high standard. Beautiful location. Short walk to river and club. Great fishing location. Easy access to freeway to Sydney. 20 mins to Newcastle Airport. Easy to operate B&B business. New to market. Exclusive agents.
English
Chinese (Simplified)
