Coffs Harbour, New South Wales

Leasehold $630,000

Property Description

Mid North Coast NSW Motel - Seaside City - Long Lease - 1P2858M

Neat and tidy leasehold motel for sale in a sought after NSW Coastal City.
• Pacific Highway position – Great Exposure
• 25 ground floor of solid brick construction
• Well-presented rooms – Renovations
• Open plan 3 BR residence with ensuite to main
• $191,109 Net Profit for 2016/17 Financial Year
• Further improvement in net profit expected
• Long lease to 2048 with good Rent Ratio
• Buyer's Yield 30.33%

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Bed and Breakfast Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:NSW - North Coast

Marketing Agent


Marketing Agency

CRE Brokers

CRE Brokers

CRE Brokers

Peter Dorahy
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Coffs Harbour, New South Wales 2450 Exact map location not provided

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