Thriving Nsw Mid North Coast Motel & Land Development Opportunity - 1p4948m
Business Sold South West Rocks, New South Wales 2431
Business Category Motel
SOLD
Description
Thriving Nsw Mid North Coast Motel & Land Development Opportunity - 1p4948m
CRE Brokers are excited to be appointed exclusive agents for the sale of Costa Rica Motel located in South West Rocks on the mid-north coast of NSW.
Tourism on the east coast of Australia is thriving with Australians overseas and overseas visitors being drawn to the world class beaches, fishing and natural beauty due to the outstanding value for money and ease of access.
The Costa Rica Motel has only one direct competitor and has achieved significant sales growth on consecutive years.
. 22 rooms (only 20 in the current letting pool)
. Additional Income est. at $25,000 in rental Income from Licensed Restaurant and Dive Shop Leases
. Profit in excess of $300,000
Investment – Development Opportunity: A large parcel of land (6960 sq mtrs) offers an extremely good short and long term investment or development opportunity to a savvy buyer to retain the Motel or sell a lease whilst considering the best approach to develop the remaining land.
A clear understanding of the full potential of this opportunity is best assessed by inspecting the Motel, land and area in person.
Tourism on the east coast of Australia is thriving with Australians overseas and overseas visitors being drawn to the world class beaches, fishing and natural beauty due to the outstanding value for money and ease of access.
The Costa Rica Motel has only one direct competitor and has achieved significant sales growth on consecutive years.
. 22 rooms (only 20 in the current letting pool)
. Additional Income est. at $25,000 in rental Income from Licensed Restaurant and Dive Shop Leases
. Profit in excess of $300,000
Investment – Development Opportunity: A large parcel of land (6960 sq mtrs) offers an extremely good short and long term investment or development opportunity to a savvy buyer to retain the Motel or sell a lease whilst considering the best approach to develop the remaining land.
A clear understanding of the full potential of this opportunity is best assessed by inspecting the Motel, land and area in person.
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.
