, Manly NSW

For Sale

Accommodation/Tourism

SOLD

Description: Sydney beach side property in highly sought after area. Easy access to beach, shops, cafes & more. Opportunity to acquire a property in such a prime location.
AAA Rating: 3 star
Construction: Double brick & concrete with concrete foundations, brick wall partitions and tile roof. Small and medium rooms all with ensuite. Large percentage of rooms with kitchens; some spa suites. Street front licensed café restaurant. Great potential.
Residence: 2 bedroom fully self-contained. Two bathrooms, lounge/dining, own kitchen, spa. Quality spacious unit.
Age: Original building built early 1900's, extended 1980.
Clientele: Tourist, reps, local trade.
Land Area: 800sqm approx.
Tariffs: Single $98 - $190; Double $98 - $290; Family $180 - $320;
Chain Affiliation: No
Lease: No
Laundry: Full commercial on site. All linen owned. Guest laundry.
Restaurant: Licensed café style onto street-front.
Services: Room service, licensed restaurant, spa, sauna, cooking facilities, internet station, outdoor area.
Turnover: $950,000 accommodation 2008/2009
Occupancy: 80% approx
Comment: Properties like this rarely come available. These positions are usually recession-proof. Absolute prime location in one of Sydney's most prestigious locations. Short walk to beach, many cafes and quality dining facilities. The ultimate business plus lifestyle.