FULLY RENOVATED LEASEHOLD MOTEL, 17 ROOMS ON THE NSW CENTRAL COAST. NEW 30 YEAR LEASE. OVER 33% RETURN!
We are proud to have been appointed to market a brand new 30 years lease direct from the current freehold owner, of this outstanding Central Coast Motel.
The Landlord has prepared the property for a new Tenant and it presents in excellent condition.
All rooms have been fully renovated and there is no work left for the incoming Tenant.
The Motel consists of 17 rooms over various types, and breakfasts are delivered to the rooms.
The property is located with Clubs, Pubs, and Cafes are all close by.
Walking and bike tracks of Tuggerah Lakes are within 100m and pristine beaches are only a few minutes’ drive.
This is a very easy to operate Motel that will show new owners a great yield with a very good rent ratio.