A fantastic opportunity for a smart operator to purchase a vacant complex at a very affordable price.
Located in a strong rural tourist township, the building is of solid construction allowing for minimal maintenance with the previous owners having kept the property and fittings in good condition.
The property is perfectly positioned only 2 minutes walk from the CB and consists of 40 plus rooms with numerous lounge and sitting rooms. The property has a well equipped kitchen that comfortably caters for 35 people.
The property is spread out over spacious landscaped gardens with a two bedroom self contained managers residence.
This amazing property lends its self to a host of accommodation packages from upmarket accommodation, rooms designed for the disabled right down to the backpacker.
Potential exists to renovate and double room rates and/or to redevelop the site for units/ton houses subject to council approval .
This property is a potential Goldmine for a person of vision and enthusiasm.