RESORT LEASEHOLD FOR SALE - BEAUTIFUL SOUTH COAST LOCATION
SOLD
Description: Delightful resort on lake in pristine bushland setting. Walk to beautiful South Coast beach. Long 26 year lease.
Star Standard: 3½ star.
Construction: Single level timber clad brick cottages with corrugated iron roof and brick partitions. In very good condition for age. Variation of appointments - all very good quality. Paintwork of good condition - high standard throughout.
Age: 1989
Land Area: 100 acres
Lease: 26 years. Rent $174,120 + GST per annum
Turnover: 17/18 $566,416 (10 mths) net GST
Tariff: Standard Cottage $100-$265; Superior $125-$285; Bunk Suite $125-$155; Teachers Unit $115-$175
Laundry: Commercial laundry. Linen for superior cottages hired. Remainder of linen owned and laundered on site. 2 Plus changes of linen in excellent condition. Guest laundry available.
Restaurant: 2 Function Areas
Features: Licenced; air-conditioned; In-ground heated pool; 2 gas BBQs; fresh water lake, pontoon, canoes, basketball and tennis courts, children's playground, climbing walls, 2 zip lines 120m, bocce ball court, games room, archery range, mini golf course, Foxtel; 21 carports and open parking, fire rated.
Residence: 3 Bedrooms with built-in wardrobes, own kitchen, lounge, dining, bathroom, private lounge, adjacent to reception and office.
Comment: Long 26 year lease on stunning South Coast resort. Great mix of accommodation options and services to offer the tourist group and passing trade. Outstanding potential for growth with this property.
MQ Property ID:
4287690
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- Suburb  
- Region Far South Coast
- Property Type Accommodation/Tourism
- Status For Sale