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Burgess Rawson - Sydney

19 Lake Street Forster, NSW 2428

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19 Lake Street,
Forster, NSW 2428

Hotel & Leisure • Shop & Retail

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Burgess Rawson - Sydney
19 Lake Street
Forster, NSW 2428
Burgess Rawson - Sydney
Kieran Bourke
Darren Beehag

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000

Map of 19 Lake Street

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Entry Level Motel Accomodation Prime Mid-Coast

  • Bella Villa Motor Inn
  • Prime Mid-Coast Location
  • Unique one-line opportunity
Unique one-line opportunity to purchase 6 motel units (27% of total ownership)
10 year management agreement to 2023 + 10 year option to 2033
Fully leased operation with current manager at this address for 20+ years
Income stream with historically impressive occupancy levels
Forster: Mid North Coast population of 94,004 and forecast to grow to 113,147 by 2036
Current R4 – High Density Residential Zoning may allow 10 level development, STCA and consolidation of other unit owners
Net Income: $32,036 pa + GST
For Sale by Expressions of Interest
Offers Closing 4pm AEDT Thursday 12 December

Property ID: 503390794Last Updated: 9 Feb 2020

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Burgess Rawson - Sydney
Burgess Rawson - Sydney
Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
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Kieran Bourke

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Kieran Bourke
Burgess Rawson - Sydney
19 Lake Street Forster, NSW 2428

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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