Sold

756ML - An Opportunity to Experience the Motel Lifestyle

SOLD

Centrally located motel situated between Newcastle and Sydney.
Minutes away from the beautiful local waterways.
Close to major shopping centres, clubs, patrolled beaches and boat ramps.
The recent upgrades are due to be completed by the end of this financial year (2015) and for the first time in many years all 12 rooms will be available for rent, so turnover is projected to grow by at least 30%.
Most rooms have internal access to the reception area which would be large enough to convert into a breakfast room if required.
With only a short term on the lease (6 years), this is a great opportunity to experience the motel lifestyle without a long term commitment or large financial input.

Net profit for last 12 months $48,194

Contact Warren Sweetman from Tourism Brokers for further information or to arrange an inspection.

Property ID: 756ML (quote when enquiring)
Price SOLD
Location Lake Munmorah
Property ID 756ML
Category Motel

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