HOLIDAY  MOTEL

HUGE POTENTIAL HERE .

The motel complex is situated in fabulous Tassiriki Park, opposite The Holiday Inn & Casino Resort, has sea views and surrounded by well established neighborhood of quality homes.

The property is on two title. 1,800sqm commercial where the motel is situated and the adjoining vacant land is also 1,800sqm but residential (this can be easily change - great  to extend the business).

Three buildings of 220sqm each, each with four apartments. One building consist of one X two bedrooms, one X a studio and two X one bedroom. The Laundry is situated at rear of each apartment. All apartments have front and rear veranda with own private grassed courtyard.

Two of the apartments have also their own private spa.

Total of 12 serviced apartments (everything supplied, kitchen utensils, linen....) plus a Manager unit of two bedrooms.

A large unfinished swimming pool is situated on the vacant adjoining block with a BBQ hut. The property is totally secure for children, you are withing walking distance of sought after schools, a golf course and five minutes from down town.

The property has been run as a block of flats with long term permanent guest. If changed to Motel again, profits would rise drastically.

Valuation report and financials are available  -  Do not miss this opportunity.

Listing Price AUD1,500,000