MOTEL - SOUTH COAST ADJACENT TO WATER

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Description: South Coast. Adjacent to the water in prime visible location. Quality inspection. Walk to club and shops. Very easy operation. Currently fully managed.AAA Rating: 4 star
Construction: Brick with concrete slab foundations, colourbond roof and brick wall partitions. Just repainted. Very well maintained. No creaking. Large units - 30sqm plus. Fully refurbished last year. As new throughout.
Residence: 2 bedrooms with built-ins, private kitchen, lounge, dining, bathroom. Ideal for couple of small family. Adjoins reception. Very comfortable and well presented.
Age: 1987
Clientele: Strong repeat trade, reps, tourists, passing trade.
Land Area: 2500sqm approx.
Tariffs: Single $87 - $175; Double $97 - $250; Extra Person $15 - 20.
Chain Affiliation: No
Lease: No
Laundry: Small commercial plus guest laundry. All linen hired.
Restaurant: No, short walk to club and other restaurants.
Services: Room service breakfast only, cable TV, hair-dryers, pool, BBQ.
Turnover: $468,950
Occupancy: 51% approx.Comment: Adjacent to water. Excellent highway exposure. Easy walk to shops and restaurants. 150m to club. High quality property in prime position. Excellent water views. Highly recommended.