Business Sold Merimbula, New South Wales 2548
Business Category Motel
SOLD
Description
Exceptional Investment Opportunity - 851mi
- This is an extremely good investment opportunity!
- One of Merimbula's most popular motels has its investment component available for you to add to your Investment Portfolio!
- This is a must to inspect!
- 29 exceptionally maintained units.
- Centre Town location in Merimbula, hub of the Sapphire Coast.
- Showing 7.1% return and with a further rental increase in October, you can't go wrong.
- Don’t Miss It! Contact us now for further details.
Merimbula is just under six hours' drive from Sydney, 7hrs 30 mins from Melbourne and three hours from Canberra. It is a small, charming seaside town that is the holiday 'resort' of the Sapphire Coast and welcomes many thousands of tourists throughout the year. The principal activities for visitors are fishing, swimming, surfing, boating, lake cruises, scuba diving, sailboarding, canoeing.
Annual Rent: $242,658 plus GST
Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.
Property ID: 851MI (quote when enquiring)
Property Code: 4664
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This business is somewhat unique and has no similar competition in this region, category or price bracket.