Description:Bega - Quiet family motel with large, comfortable well-appointed units catering for singles, couples, families and groups featuring a very roomy, modern residence. Nestled in the beautiful valley in a commercial business centre on the popular South Coast, this attractive property boasts rural views, is 30 minutes away from popular beaches and situated within a short distance to the CBD. The property has been meticulously maintained to a high standard with current owners undertaking complete repainting throughout and this is reflected in the excellent presentation. Frontal position of the motel on a large land parcel lends to future development (STCA) of the remaining block with separate access, at the rear of motel providing the potential for further growth to income on the ever improving turnover. A must to inspect for the first-time buyer, those looking for a lifestyle change or semi retired who are still energetic to operate a small quality motel offering a good home with an income. Immaculate presentation deserves an inspection, call now to arrange an appointment.
Number of Rooms: 13
Construction:Brick & Tile
AAA Rating: 3.5
Year Built: 1980's
Residence: Spacious 3 brm - 2 with built-ins; newly renovated bathroom; ensuite; lounge; kitchen/dining; Adjoining reception; office; laundry & 2 separate storage areas
Restaurant:No but within walking distance to eateries
Services:BBQ; Pool-salt; Spa; Internet access-W/less-$; Cots; Boat & Large Vehicle parking
2017 Turnover: $263,000.00
2016 Turnover: $238,000.00
2015 Turnover: $197,000.00
(NAR : "Net After Rent" NOP: "Net Operating Profit")
Last Updated: 03 October 2017
Contact: Steve Herington
Mobile: 0408 537 028
Disclaimer: Every effort has been made to provide accurate information as possible. However, New South Wales Motel Brokers is not responsible for misstatement of facts, errors or omissions. It is recommended that a purchaser to rely on his or her own enquiries.