Coffs Harbour, New South Wales

$630,000

Property Description

34% ROI - 31 YEAR LEASE - FANTASTIC LEASE HOLD MOTEL ON THE MID NORTH COAST

We are very pleased to have been appointed to market for sale this excellent Leasehold opportunity.

This Motel is in the major coastal centre of Coffs Harbour on the mid north coast of NSW and is located on the main road through the city.

On offer is the lease with an amazing 31 years to run and the business is currently showing excellent ROI of 34%. The property consists of 25 ground floor units of various configurations and provides rooms that are pet friendly.

The motel has a swimming pool with spa seat, BBQ area, guest laundry and undercover parking for guests.

The upstairs managers residence comprises 3-bedroom, 2-bathroom, kitchen/dining with separate living room.

This is an excellent opportunity for new owners to purchase a well priced business, showing great returns with scope to take it to the next level.

Be quick this will not last!!!

Property Summary

Motel Information

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

Marketing Agent

  • Scott Saunders

  • 07 5530 1578
  • 0447 774859
  • send email

Marketing Agency

A B Brokers

A B Brokers

A B Brokers

Scott Saunders
A B 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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