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Stunning NSW South Coast Leasehold Motel Gem!
Vendor says SELL!
All reasonable offers now considered due to ill health.
Immaculate Motel in a glorious location, complete with stunning ocean views and just a 5 minute drive from the Merimbula Airport.
This Motel offers fantastic facilities with a 2 bedroom residence situated close to the office and reception area. All inspections on this motel will impress.
Beautifully presented, the Motel comprises of 26 well-presented suites, some with ocean views, and a diverse range of accommodation options, low maintenance landscaped grounds, guest laundry, undercover parking and an inviting seasonal in-ground swimming pool.
As an added bonus the Motel has a leased 50 seat restaurant with large balcony offering breakfast and dinner menus to guests. Centrally located and close to all local attractions including walking distance to the main shopping center, restaurants and registered clubs.
A long lease is on offer direct from the landlord.
* Great elevated location with stunning water views
* Recently renovated / refurbished downstairs rooms + luxury rooms
* 50 seat Restaurant with bar great for events and business functions
* Free wireless high speed internet
* Disabled access, Satellite TV, air conditioning
* High occupancy rate – 63%
* 25% buyers yield
Contact Adam Sutton at CRE Brokers to arrange your inspection of this appealing Motel.