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House

693 Oxley Highway PORT MACQUARIE, NSW 2444

Sold on 23 Jul 2011
  • 14 Beds
  • 12 Baths
  • 11 Cars
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House in PORT MACQUARIE

Rezoning/Redevelopment Possibilities

  • 14 Beds
  • 12 Baths
  • 11 Cars

Outstanding opportunity to secure this Freehold Motel sited on a magnificent land parcel measuring 1.017ha (2.54 acres) offering future potential subject to re-zoning and Council consent. The Motel consists of 10 units being a mixture of single and family rooms, communal kitchen, laundry Managers residence plus office. Guests will enjoy the facilities of a large pool and half court tennis plus there is an abundance of unused land at the rear of the property. With the current Lessee's lease expiring in October 2011, choices exist for the incoming purchaser to discuss the renegotiation of a new lease and land bank the property to maximise its potential over time or to owner operate, making it a perfect husband and wife or partnership arrangement.

Affordable opportunity offered by serious seller!

Features:
  • Pool
Land:

1.0279 ha / 2.54 acres

Bedrooms:

14

Bathrooms:

12

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Suburb

PORT MACQUARIE

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