How does waterfront living sound? Imagine if you could combine waterfront living with working from home on the beautiful Central Coast . Well now you can. By buying this wonderful motel freehold, you not only get the lakeside real estate but also the business to operate from your own private residence.

This motel is located on the northern end of the Central Coast approximately 1 hour north of the start of the F3 Freeway near Hornsby, and about 45 minutes south of the Newcastle CBD via the old Pacific Highway . It is also about one minute drive to the beach, or about 7-8 minutes to walk if you are more agile. Shops, hotel, cafes and restaurants are a short 3 minute stroll across the lake, with the local club about a ten minute walk, but why walk when the courtesy coach will come and collect you from your door and drop you home.

The motel boasts 13 units comprising singles, doubles, queen, king and family rooms and all combinations in between. There is no restaurant, although breakfasts will be delivered to rooms upon request. All linen is laundered on site and this motel is currently operated by one full time owner and two casual employees. All rooms are fully air conditioned.

Your on site residence is double storey, with an ensuited master bedroom upstairs leading off a large lounge/living room, and a second HUGE self contained bedroom for kids or guests which is the old restaurant converted that could easily convert back if required. The residence downstairs has a large lounge/living area with a commercial stainless steel kitchen and a private outdoor garden enclosure.

This motel is fully booked out during all holiday seasons and has a high occupancy rate across the whole year. There is a council owned jetty and boat ramp right next door.

All on a 1600 square metre double block with the potential to extend.The current owner has not worked on boosting occupancy levels over the past couple of years and the figures reflect this fact currently running around 40%. The owner is motivated to sell and retire, with the potential growth and expansion options available to this waterfront motel, inspections are highly recommended.
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ASKING: $1.5M. Reduced