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2603ML - 4 Four Star Surf Beach Leasehold Motel

COFFS HARBOUR NSW, 2450

For Sale

Property for Sale in COFFS HARBOUR NSW, 2450

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119

Listing ID:
11371895
Status:
Active
For:
Sale
Price:
Leasehold $1,200,000
Last Updated:
20/01/2020
Icon building

Property Type

Hotel/Leisure
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Land Area

N/A
Icon size

Floor Area

1 SQM
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Parking

N/A

2603ML - 4 Four Star Surf Beach Leasehold Motel

- 23 renovated four-star motel suites a stone’s throw away from patrolled beaches.

- New 30 Year leasehold opportunity for the first time.

- Consistent occupancy, turnover and high net operating profit ratio.

- Comfortable rent ratio.

- No food obligation and surrounded by Pub, Clubs, Cafés and Restaurants.

- No vacancy light remains a constant.

- Manageable existing accommodation model.

- Tariff optimisation opportunity.

- Landlord sale with a view to assist with succession plan if required.

Tourism Brokers present to market a for the first time a four-star leasehold offering without rival. A genuine accommodation only product primely located, fully renovated with proven trading history. You commence with a brand new, first time to market 30 year lease with a low rent ratio designed for incoming comfort and success.

Net Profit: $303,021 for 2018/19

Contact James Carrick from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2603ML (quote when enquiring)

Property Code: 3314

For more details, please email agent

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119


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