BUSINESS DESCRIPTION
Includes buildings & Freehold entitlement
Under Full Management
Turnover: $1.6M PA
EBIT: $555,000 PA
Three storey waterfront property (circa 2002) Reinforced concrete construction.
20 recently renovated rooms all with sea view (8 one bedroom & 12 standard rooms)
All rooms include; Balcony, sea views, air conditioning, kitchenette, Plaza TV & Cable, queen size beds. Plus all new tiling, furniture, bench tops, lighting, curtains & paint.
In-ground swimming pool and boating jetty
Licensed restaurant (seats 80 or 120 standing) and bar (sea views throughout)
Reception area, guest lounge, conference room, administration offices, commercial kitchen, management two bedroom apartment with large living area.
Includes three retail shops with commercial leases. Including day spa.
#779 10560
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THE PURCHASER TO MAKE HIS/HER 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.