If you sat down and created a 'wish-list' for a motel lease the Bega Village Motor Inn would have it all. With huge accommodation needs and support from the new Bega Hospital, Bega Cheese and many other corporate clients, this business simply pumps with consistently high occupancy and 'corporate' tariffs.
There are two executive cabins with quality finishes that were installed in 2014 at a finished cost of $250,000 which will belong to the new lessee rather than the landlord.
A 20 kW (40 panels) solar system was also installed to keep electricity costs to a minimum. This was a $40,000 expense which will have major depreciation value to the new lessee.
Perfect business to occupy and run or as an investment with management looking after the day to day running of the motel. This will not last very long so give us a call and arrange an inspection.
Net profit $575,976 for 2014/15
To find more such properties in South Coast NSW visit http://www.commercialproperty2sell.com.au/real-estate/nsw/nsw-south-coast/