Motel - Freehold

Business Code: T2729


Key Features: Potential plus

State: NSW

Location: Situated on South Coast of N.S.W. in popular tourist area.

Description

Freehold motel consisting of 12 rooms with a 3.5 star rating - all with great ocean views. There is currently a Development Application Approval for a 3 story development for 18 apartments with basement parking all with spectacular ocean views. Just been freshly painted.Figures available.

Summary

  • Features: Residence attached.

  • Potential: Redevelopment potential.

  • Premises: This motel has an area of 17000 sq. mts. and includes a three bedroom house attached to the motel.

  • Trading Hours:

  • Lease: Not applicable

  • Employees: 2 owners + 2 staff

  • Comments: This would suit a property developer or a general investor. Situated on the South coast of New South Wales in a very popular location.

Weekly Summary

Price

$2,500,000

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