, Nelson Bay NSW

For Sale

Accommodation/Tourism

SOLD

Description: One of the best located B&B motels on the eastern seaboard of Australia. Large land area with all resort and corporate amenities. Under 100m to CBD. Stunning water views. Well maintained.
AAA Rating: 3½ star
Construction: Brick & concrete, three storey's, clip-lock roof, brick wall partitions, excellent mix of room sizes from 28sqm to 36sqm, tiled floors. Rooms are furnished to a high standard. Plenty of storage room throughout the property. Immaculate presentation for the age of the property. Paintwork excellent.
Residence: 3 or 4 bedroom, kitchen, lounge, dining, back office, 2 bathrooms. Currently not used - could be a great family home.
Age: 1974
Clientele: Workers, reps, strong tourist trade, close to major airport, local holiday trade.
Land Area: 3218sqm approx.
Tariffs: Single $109 - $219; Double $109 - $219; Family (4) $149 - $229; Extra person $10
Chain Affiliation: No
Lease: No
Laundry: Full commercial laundry. All linen hired. 2½ changes kept on site.
Restaurant: No. There are several restaurants within 100m of the property.
Services: Room service breakfast, tennis, pool, gym, sauna, limited cooking facilities, broadband, pay TV, fire rated.
Turnover: $740,000
Occupancy: 58% approx 2008/2009.
Comment: Best positioned property, 100m to town centre. Large rooms to suit family or couples in holiday trade. Close to major airport. Great property with huge future development potential.