Rare opportunity has arisen to purchase the freehold of this motel in Central Forster.
Located within a short walk to Wharf Street shops, Wallis Lake, Main Beach & Pebbly Beach.
The motel consists of 21 rooms over two levels with residence & office plus a small indoor/outdoor dining area. Ample car parking with main street frontage & laneway access, the block is approximately 1353 sqm.
A new 5 x 5 year lease has just been signed & is currently showing a nett return of 6.6%.
If you are interested in this property please contact Karen Hoswell on 0408 078 606 or 02 6554 8717
