$1,360,000

13 Bed  •  11 Bath  •  10 Car  •  2181m²

Main view of Homely serviced apartment listing, 54-60 Wallarah Road, Gorokan NSW 2263
Second view of Homely serviced apartment listing, 54-60 Wallarah Road, Gorokan NSW 2263
Third view of Homely serviced apartment listing, 54-60 Wallarah Road, Gorokan NSW 2263
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Sold

54-60 Wallarah Road, Gorokan NSW 2263

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$1,360,000

  • 13
  • 11
  • 10
  • 2181m²

Serviced Apartment Sold on Mon 5 Sep, 2016

What's around Wallarah Road

Serviced Apartment description

“Unique, Solid Investment. Development Opportunity or Lifestyle Business”

Recently refurbished and neat as a pin the Wallarah Bay Motel presents as an excellent investment, redevelopment or lifestyle based business opportunity. Set across a huge 2181sqm comprising four separate blocks and four separate titles, right in the heart of the Gorokan business precinct. The motel boasts ample comfortable parking, a generous three bedroom managers residence with separate booking/arrival office, 10 individual refurbished rooms with Foxtel and WIFI and an in-ground concrete pool. The Wallarah Bay Motel is ideally located a short walk to the Wallarah Bay Recreation Club which currently provides many of the motel guests through wedding receptions and similar. Situated within a walk from all amenities, cafes, bakeries, major shopping and only a short drive to a number of amazing beaches, the Wallarah Bay Motel is a prime location.

All rooms boast:
Air-conditioning, LCD television, Foxtel, iron and ironing board, WIFI, parking on site, kitchenette, hairdryer and access to the pool.

The rooms formats:
King Room x4
Family Room x2 (Can be inter-connected with the other family room)
Twin Room x4

Currently returning approximately $200,000 P.A (managers residence does not yield an income). There is scope to significantly increase the annual turn-over.

Inspections by appointment only

Disclaimer:
Every precaution has been taken to establish the accuracy of the above information, which we have gathered from sources we believe to be reliable; however, we cannot guarantee its accuracy and it does not constitute any representation by the vendor or agent.

Land details

Area: 2181m²

Property video

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Fourth view of Homely serviced apartment listing, 54-60 Wallarah Road, Gorokan NSW 2263View more
Fifth view of Homely serviced apartment listing, 54-60 Wallarah Road, Gorokan NSW 2263View more

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54-60 Wallarah Road, Gorokan NSW 2263
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