Motel for Sale in Mid North Coast - Close to Beach & Surf

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Internal Ref: 1P2718

Summary

Description: 50 metres walk to the beach and surf. Well maintained three storey Motel close to golf course, koala sanctuary, beach and all local amenities. A great fishing destination. Star St...

About the Business

Description: 50 metres walk to the beach and surf. Well maintained three storey Motel close to golf course, koala sanctuary, beach and all local amenities. A great fishing destination.

Star Standard: 3.5 star

Construction: Three storey brick and concrete construction with tile roof and brick wall partitions. 31 units of varying configurations.

Age: Approx. 40 years

Residence: Two bedrooms with built-ins, lounge, dining, own kitchen and large balcony on the 3rd floor of the building. Comfortable Penthouse style accommodation close to the beach.

Clientele: Short break stay, groups, sporting teams, holiday makers, corporate functions & weddings.

Land Area: 2,688sqm approx.

Tariffs: One bedroom unit $180 - $215; Two-bedroom Motel style unit $360 - $389; Two-bedroom self-contained apartment $380 - $410; Hot tub room $260 - $289; Spa room $260 - $279; Three-bedroom townhouse $429 - $469

Chain Affiliation: No

Restaurant: Terrace & Bar

Services: Air-conditioning, ensuite bathrooms, flat-screen TVs and tea & coffee making facilities. Most rooms have balconies (some with ocean glimpses), some with spa baths. Suites feature kitchenettes or kitchens and sitting areas. Property has a restaurant with Terrace & Bar, pizzeria, barbecue area, heated pool with water slide, hot tub, private parking and Wi-fi.

Comment: Location! Location! Location!
Outstanding property close to the beach. Property must increase in value as there are limited accommodation venues in the area. The Motel has a la carte dining plus cafe pizza area popular with locals and caravan park visitors. Strong growth region. Outstanding opportunity not to be missed.


MQ Property ID:
1P2718


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