Cooma, New South Wales 2630
$6,900,000
Key Features
AI generated. Contact seller to confirm.
- Freehold accommodation complex
- 20 units under management
- Long-term lease agreements in place
- Mix of detached villas and apartments
- All town services connected
- Zoning R1 - General Residential
- Turnover: Not disclosed
- Net Profit: Not disclosed
- Rent/Lease: Lease in place
- Stock Value: Included
- Established: Not disclosed
Business Details
Business Category
Accommodation Complex - Freehold - Under Management - 20 Units. - Snowy Mountains - Agent SBX Code Number: CB1497
Freehold accommodation complex, formerly operating as a motel, now utilising the accommodation units on long-term lease agreements. The accommodation is presented as a mix of 2 x 3 bedroom detached villas and 7 x 2 bedroom detached villas. A separate two level building houses accommodation consisting of 2 x studio apartments and 7 x 2 bedroom apartments on ground floor, with 2 x 2 bedroom apartments on upper floor. All villas have lock-up garages and hot water is supplied by separate units. A large separate building was previously used as reception and 200 seat restaurant , and is now utilised for private use. The site is freehold, in 4 lots, and covers 13930 sqm and has all town services connected, including water and sewerage, with zoning R1 - General Residential. The majority of leases are 1 year.
Agent SBX Code Number: CB1497 - Sydney Business Exchange
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