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2 Moonie Street Coffs Harbour, NSW 2450

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2 Moonie Street,
Coffs Harbour, NSW 2450

Hotel, Motel & Leisure

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Map of 2 Moonie Street

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Outstanding Landmark Hotel Investment New 25 Year Lease Expiring 2039

The Coast Hotel - Coffs Harbour's leading CBD hotel
25 year lease expiring March 2039
Long term liquor industry experienced operator
Renovated building with immaculate presentation
Features 2 bars, gaming room, beer garden, guest rooms
Sale includes Hoteliers Licence and 15 poker machine entitlements
Large corner block of 1,612 sqm with on site parking
Secure investment with impeccable rental payment history
Net lease, tenant pays all outgoings, as per lease
Annual CPI increases
Net Income: $458,856 pa + GST

Offers over $5.1m (circa 9%net return)

Deadline for Offers 3pm Thurs 15 May

Dean Venturato 0412 840 2...

Property ID: 501112543Last Updated: 18 Aug 2014

04128402...
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2 Moonie Street
Coffs Harbour, NSW 2450
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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