Coffs Harbour, New South Wales

Leasehold $1,200,000

Property Description

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: 3313

Property Summary

Motel Information

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

Marketing Agent

James Carrick

Marketing Agency

Tourism Brokers

James Carrick
Tourism 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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