Surfside Motel Passive Investment, Unique Position, Potential Plus, Tenant In Place

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.

The main building comprises a public bar, spacious lounge/dining 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 26/8/2024, there are 16 years left on the lease, the tenant pays all outgoings, and the landlord pays building insurance.

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

The FHGC may be available.

For more information or to arrange a private viewing of this remarkable property, contact Praveen Pant at XXXXXXXXXX , or Paul Scott at XXXXXXXXXX email: XXXXXXXXXX

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.