, Gerringong NSW

For Sale

Accommodation/Tourism

SOLD

Description: Resort style hotel. One of the best in the state with state of the art corporate facilities. If you want the best, look no further. Huge growth potential.
AAA Rating: 4½ star

Construction: Two level double brick and tile with brick wall partitions and tile roof. Large spacious rooms with high quality bathrooms. Outstanding restaurant facilities.

Residence: 2 bedroom managers residence. Lounge/dining, bathroom, back office - adjoins reception.

Age: 20 years approx.

Clientele: Strong corporate trade, conference, wedding business, tourists and holiday trade.

Land Area: 6,000sqm approx.

Tariffs: Single $152 - $175; Double $157 - $230; Family (4) $170 - $250; Extra person $20 - $25.

Chain Affiliation: Yes

Lease: No

Laundry: Full commercial. All linen hired. Guest laundry.

Restaurant: Yes - 120 seat. Fully licensed.

Services: Room service, convention/wedding facilities, pool, spa, sporting facilities, gym, WiFi, Foxtel/Austar, digital TV, fire rated. Fully renovated to the highest standard.

Turnover: $4million
Occupancy: 51.4% approx.

Comment: This property is one of the highest quality corporate resorts in NSW. The hotel has been refurbished to the highest standard and is a leader in the corporate trade. Details on this exclusive offering will only be provided after confidentiality agreement has been signed.

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