MOTEL - NEW NORTH COAST LEASE CITY LOCATION

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Description: New North Coast lease. City location B&B only. Good mix of corporate & passing trade. Solid brick & tile construction. This is priced to sell.
AAA Rating: 3½ star
Construction: Brick and tile mostly single level. Two units upstairs. Concrete slab foundations with brick wall partitions. Good variation of unit sizes with good quality appointments. New paintwork. Spotless presentation.
Residence: 4 bedroom, 3 with built-ins, private kitchen, large living room, bathroom, lounge, private courtyard and carport. Good roomy and convenient family residence. Joins and above reception
Age: Built 1984
Clientele: Corporate trade, passing travellers and tourist trade.
Land Area: 2063sqm approx.
Tariffs: Single + Double $69 - $79; Family (4) $100; Extra Person $20
Chain Affiliation: No
Lease: New 30yr term. Rent $65,000p.a plus GST
Laundry: Heavy duty commercial. All linen done onsite.
Restaurant: N/A
Services: Room service breakfast, microwaves, in ground pool, reverse-cycle air-conditioning, BBQ, ISD STD phones, fire rated.
Turnover: $243,866 2009/2010
Occupancy: 52.29% approx.
Comment: Brand new 30 year lease. First time offered. Excellent presentation - excellent landlord. Not to be missed. Huge potential.

  • Suburb  
  • Region Mid North Coast
  • Property Type Accommodation/Tourism
  • Status For Sale
  • Property ID 1427703