MOTEL - VERY HIGH QUALITY IN POPULAR TOURIST DESTINATION

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Description: Far North Coast Motel. Boutique style. Very high quality in popular tourist & business destination. Very hard to find.
AAA Rating: 4 star.
Construction: Hardi plank and brick with colorbond roof. Single level with gyprock covered brick partitions. Rooms vary from medium to large with large bathrooms. 2 spa suites. Excellent quality furnishings and appointments. As new inspection.
Residence: 3 bedroom with built-ins, lounge/dining, 3 bathrooms, laundry, private yard, double lock-up garage. Large modern residence. Outstanding quality.
Age: January 1998
Clientele: Strong corporate clientele, tourists, local workers.
Land Area: 3432sqm
Tariffs: Single/Double $112.50 - $125; Spa $155 - $190; Extra person $15
Chain Affiliation: No
Lease: New 30yr lease. Rent $81,000p.a.
Laundry: Large domestic in residence. Linen all hired.
Restaurant: No - one next door.
Services: Small breakfast/conference room, mini-bar, Austar, spa suites, guest laundry, solar hot water, fire rated.
Turnover: $337,330 07/08
Occupancy: 70% approx.
Comment: Excellent quality motel in delightful position with room to expand. Surrounded by nature gardens - immaculately kept. Big trader in rapidly developing pristine area. A choice of three restaurants within walking distance.