2003ML - Fair Rental and Very Affordable
- New 30 year lease available.
- To settle the same time as the investment with a new landlord.
- Rare 10-unit boutique motel in the middle of a great township.
- Solid income earner.
- Position, Position, Position, this one has it all for a budget price.
- Located in a quiet area of the CBD and is a short walk to local restaurants and hotels.
- Motel has been completely refurbished of recent times and is ready for the new owners.
- All modern tiling throughout, modern bathrooms, modern cabinets and vanities, modern plasma televisions and the paint quality is outstanding through-out.
- Current owners have operated for the last few years and wish to retire.
- Can be run easily by a couple as it is the perfect business for either self-operated or as an investment for the owner to employ managers.
- A high-quality property with a good mix of corporate and local clients as well as passing trade.
- The air-conditioned residence offers two bedrooms, large lounge room, built-in robes, main bathroom and shared commercial kitchen. The residence adjoins the motel and has direct access to reception.
Net Profit: $90,663 for 2017/18 (as provided by vendor)
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2003ML (quote when enquiring)
Property Code: 2832
- Last Updated November 2018
- Business Category Accommodation/Tourism
- Business Sub Category Motel
- Floor Area 1 sqm
- Land Area 1200 sqm
- Floor Area Retail Office 1.00
34 Lamorna Avenue ,
Beecroft, NSW 2119