23-25 Oxley Street, Taree, New South Wales

Fully Refurbished Motel Freehold - Alabaster Motel

$3,500,000

Property Description

This 22 room motel is conveniently located on the main road close to the local IGA supermarket, hotel restaurants and cinema. Constantly being upgraded and refurbished, each room is exquisitely decorated with modern fixtures and most rooms have kitchenettes. The residence is a large three bedroom with modern kitchen and bathroom and private courtyard. Being one of Taree's main motels with an exemplary rating, it repeatedly attracts salespeople and contractors for the comfort and service provided. Operating at full capacity, the motel also has beautifully landscaped grounds, inground pool area and a restaurant which is currently not operating.

Taree is located on the mighty Manning River - the water source that connects our beautiful townships together. As the major commercial centre in the Manning Valley, Taree is home to a vast array of cafes and restaurants, two large shopping complexes and plenty of boutique shopfronts and arcades to explore. Being central to a handful of holiday destinations, Taree is a short 11km drive to the beaches of Old Bar, 30km along the Pacific Highway to take a stroll along the break wall at Harrington and just 9km to the riverside heritage town of Wingham, known for its fresh and locally grown produce, natural rainforest and walking trails. The vibrant recreation facilities drawing clientele to Taree include the Manning Entertainment Centre, Club Taree RSL and award winning 21 hole golf course, Taree Aquatic Centre and the Regional Art Gallery.

The motel is being sold as a freehold business and solid trading figures are available on request.

For more information please contact Amanda Tate