Reasons to buy this motel:
- Be part of the population growth and economic boom in this city
- A long & attractive 25 – year lease
- Producing a mouth-watering net profit
- Absolutely one of the best locations imaginable
- 3 x bedroom/2 x bathroom owners’ accommodation
- Sunny, lifestyle location just 150m from the fabulous Mount beach
Bay Palm offers 16 units consisting of the following configuration:
3 x studio units
9 x 1 bedroom units
4 x 2 bedroom units
The units all all spacious, some with sliders to a back lawn area and offer a variety of either kitchens/kitchenettes or tea-making facilities. The existing owners have consistently invested money back into the business and the motel is very well presented to a 4- star equivalent, with good quality chattels.
The grounds are fully paved for minimal maintenance and feature a heated in-ground swimming pool, just recently re-fibre glassed – a very popular family feature.
The conference centre:
The centre is located on the second floor and caters for 30 – 40 guests either seated or theatre style and is serviced by a kitchen and bathroom facilities.
Set on 2 levels the owners’ accommodation offers 3 large bedrooms (opening to a spacious, roof-top deck), 2 x bathrooms and open plan kitchen/ living/ dining with french doors to a large, wrap-around patio. Reception is conveniently adjoining the living area.