Location: Far South Coast
Asking Price: $1,500,000

This very well presented 3 star chain affiliated Investment Motel is set on an elevated 2 acres amongst a tranquil garden setting with fantastic local water views. The motel offers a combination of 30 spacious queen, twin, family and deluxe rooms. It is close to tourist precincts, beaches and all local attractions. It is offered for sale with a new 25 year lease and strong tenant. This property is a steady income producer with further development potential.

Construction: Two storey brick and Tile

Land Area: 2 acres

AAA Rating: 3 star accommodation

Age: Originally built mid 1970s with some contemporary renovation

Number of rooms: 30 larger than normal rooms, made up of queen, twin, family and deluxe rooms

Room Facilities: Queen and single beds, electric blankets, kettle/toaster, TV, microwaves, iron/boards, tea/coffee and wireless internet. All rooms have balconies fantastic water views.

Motel facilities: Deluxe rooms, breakfast available to rooms, outdoor pool, guest laundry, BBQ facilities, Boat & trailer parking, parking outside each room.

Restaurant: Large restaurant and bar with well appointed full commercial kitchen. Not currently operating.

Residence: A good sized and well presented residence includes 3 Bedrooms with built-in robes, 1 Bathroom, Lounge room, extra office area, shared kitchen and laundry with motel, adjoins motel and is in close proximity to the reception.

Clientele: Plenty of repeat business from general travelers and coach groups

Rent: $120,000 p.a.

Lease: New 25 year lease on settlement

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