OFFERS OVER $1,900,000

With a successful tenant in place who has a monetary investment in the property. Many thousands of dollars have been spent on this property in recent years by both the landlord and tenant.

This property will always enjoy the most beautiful ocean views, morning sunrises and the constant flow of traffic.

Main building comprising, public bar, spacious lounge/dinning room, male/female toilets, commercial kitchen, 3 bedroom renovated managers quarters and deck areas. The
accommodation wing comprises 10 rooms, 8 motel rooms a 3 bedroom apartment and a back backers studio.

Land area of 1.2731 hectares, a long Tasman Highway frontage of 200 metres and borders the Serpentine River.

As of the 26/8/2024 there are 16 years left on the lease, the tenant pays all outgoings, the landlord pays building insurance.

An ideal project for a visionary who can see beyond the current infrastructure.

The FHGC may be available.

Call Praveen Pant on 0432 256 682 or contact Paul Scott on 0477 771 098 email: [email protected]/ [email protected] INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

NOTE: All figures are approximate.

Property Code: 1976