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Accommodation & Tourism business for sale in Terrigal

  • Accommodation & Tourism
  • Terrigal NSW 2260
  • $3,600,000 (GST na)

Boutique Apartments For Sale - Popular Central Coast Area

Description: 90 minutes from Sydney in one of the Central Coast's most sought-after areas. Two minutes to famous beach, coffee shops and restaurants. Very strong year round trade. Small boutique property with high turnover and tariffs.

Star Standard: 4 star

Construction: 8 Apartments. Two storey brick construction with tile roof and brick wall partitions. Large spacious rooms with outdoor areas. Quality furnishings throughout.

Residence: 1bedroom with built-in and small private yard. Current owner uses one unit as residence.

Age: Built 2001 approx.

Clientele: Short break stays, tourists, trade workers, reps.

Land Area: 695.5 sqm approx.

Tariffs: $249 to $449

Chain Affiliation: No

Restaurant: No

Services: All apartments have reverse cycle air-conditioning, smart TV, tea and coffee making facilities and microwave oven. Five apartments have full kitchen and laundry facilities and Unit 7 has a two-person spa. On-site parking is available. The property is fire rated.

Turnover: 2022/23 (9 months) $345,369 - 2022/23 (full year) $440,000

Occupancy: 90% since re-opening

Agent's Comment: Fully renovated property. Spacious layouts, stylish interiors and quality fittings throughout. Fully landscaped gardens. Perfect blend of seaside living and urban convenience. Make a sea change and capitalise on this unique investment.

MQ Property ID:
1P2649

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Business Highlights

Business ID2018659079
Floor AreaAsk Business Broker
Category
Last updated  7 Nov 2024
Map for Terrigal NSW 2260
Map for Terrigal NSW 2260Terrigal NSW 2260
Inspections
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Business Highlights

Business ID2018659079
Floor AreaAsk Business Broker
Category
Last updated  7 Nov 2024

Co-Brokers

Ray Larkin
Manenti Quinlan & Associates
Call
0407 220 116
Jeremy Cusack
Manenti Quinlan & Associates
Call
0418 281 014

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