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Other Details

Bedrooms  x 16   Bathrooms  16   Carports  x 16  

Swimming Pool

Vital Statistics

Block Size: 5600.0 m2 (approx)

Open For Inspection Times

None scheduled at this time.

Past Sales & Property Information

Suburb Info: Pambula
Postcode Info: 2549

Pambula Profile

Average age: 44 years
Houses: 71.3%
Townhouses: 1.2%
Flats & units: 21.4%
Other: 6.0%
Population: 1,030
     

1 Princes Highway, Pambula

$1,150,000

IDLEWILDE MOTOR INN - FREEHOLD

* Strong, smart and solid investment
* $60,000 net income per year (6% net return)
* 20 year long lease (owners guarantee)
* C.P.I. increase per annum
* Very good tenant
* 5,600 square metres land area
* Excellent presentation, solid built 16 room motel with 3 bedroom residence, indoor heated swimming pool
* Safe 'bricks and mortar' investment
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Agent Details

Ray White Merimbula

P: 02 6495 3200
F: 02 6495 3633
E: sales@raywhitemerimbula.com.au

4 Merimbula Drive Merimbula NSW 2548
www.raywhite.com/nsw/merimbula

Plancard Pty Ltd. License 323 326
Licensed Agent
View all sales listings for this agency

Harry Balodis

Harry Balodis View profile

0412 855 918  or  02 6495 3200 

View all sales listings for this agent

What do I need to purchase this property?

Initial Requirements (assuming sale price of $1,150,000)

Stamp duty $48,740
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $115,000
  Total initial payment:   $165,895

Monthly Repayments (assuming deposit of $115,000 and sale price of $1,150,000)2

Loan repayments on $1,035,000 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $6,851 per month

Notes

The calculation given above is an example estimate only and may not correspond with what is commercially available.

Listing Age and Views

This listing was first displayed on 29/3/11, last updated on 17/11/11, and has been viewed 1444 times. Please note the counter is not updated immediately.

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