MOTEL FOR SALE - BEAUTIFUL SAPPHIRE COAST - FULLY REFURBISHED
Price reduced - $2,950,000
Description: Fully renovated, stunning motel in prime location in popular south coast town. 14 units - 12 double and 2 triple rooms. Dual street frontage, excellent access, parking and storage.
Manager's Apartment: Substantial two level managers residence located in the front building above the 3 retail shops and reception. Accommodation includes three bedrooms, living room, kitchen and two bathrooms, 3 carports, lock-up garage and commercial laundry and store room.
Retail Shops: There are 3 small retail shops fronting Imlay street, each shop is approximately 36m2 with rear access and communal toilets. Two shops are currently vacant and one has a 5 year lease with 5 year option. Current rent is $7,700 per annum plus GST
Land Area: 1,916sqm approx.
Comment: Perfect for a couple or first-time moteliers. It is hard to find a more stunning location. Thriving tourist hot sport with busy cruise port, crystal clear ocean waters, challenging 18-hole golf course, national parklands. Live in Paradise and grow your wealth!
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