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11 Wallis Street Forster, NSW 2428

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11 Wallis Street,
Forster, NSW 2428

Hotel, Motel & Leisure

Price information

Sold

$19,000,000

Key property information

Floor area

Sold on

Map of 11 Wallis Street

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LAND MARK MOTEL IN FORSTER ( FORSTER MOTOR INN)

Rare Opportunity !!
Icon Motel Business and building selling in one lot.

Currently running 100% under management the owners have made the decision to sell. Take advantage of this successful business as it will be sold to the right owner/operator. This landmark business it comes with 28 double units with a licensed bar and restaurant and also an in ground swimming pool. located in the heart of Forster with a short walk to the beaches, shops, cafes and restaurants. Current business is doing over $500.000 per annum turnover and running at approx 95% occupancy.

Also see the opportunity, as local Council has approved the area for high rise development site up to 33 mtr height, been (11 storey STCA )

Property Code: 144

Property ID: 501136187Last Updated: 23 Sep 2014

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11 Wallis Street
Forster, NSW 2428
AMJ Properties - Leichhardt
134 Norton Street
LEICHHARDT, NSW 2040

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