SOUTH COAST MOTEL FOR SALE - EXCLUSIVE RESORT STYLE

Freehold $3,800,000

Smart 4 Star Motel in fabulous coastal location with development potential. Very high standard boutique accommodation with licensed restaurant. Nine units and managers residence with DA for extra 4 units. The opening of the new freeway to Nowra from Sydney has made this area so easy to access. This should drive trade in the coming years.

Rating: 4 star

Construction: Brick & cedar with colorbond roof and brick partitions. Very well constructed and in 'as new' condition.

Interior: Medium to large sized rooms with excellent bathrooms and exquisitely furnished.

Residence: 1 Bedroom residence with nicely appointed fittings adjoining reception via stairs. Built-in wardrobe, kitchenette, lounge/dining, spa/shower/toilet.

Age: Built approx. 1960s; west wing 1999

Land Area: 2,725 square metres approx.

Tariffs: From $250 to $350

Turnover: 23/24 $119,724.20; 22/23 $121,360.77; 21/22 $75,846.35

Laundry: Full commercial laundry. Guest laundry.

Restaurant: Seats 30 Persons. Licensed with cocktail bar area

Services: Reverse cycle air-conditioning; Resort style pool with spa; full commercial kitchen; gymnasium; High speed Wi-fi; beautiful gardens; parking in front of building.

Occupancy: 17%

Clientele: Weddings, birthdays, special occasions, tourists, high end short breaks, small groups.

Comment: Exclusive resort style feel with cosy restaurant. Currently not operated to full potential. Fantastic central harbour location. Current DA for 4 rooms. Elegant and tasteful with room to expand.

MQ Property ID:
1P1504

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