New South Wales
SOLD
Key Features
AI generated. Contact seller to confirm.
- High performing coastal motel
- Prominent highway location
- 26 refurbished rooms
- Heated indoor swimming pool
- 74% occupancy rate
- 29 years remaining on lease
- Turnover: Not disclosed
- Net Profit: $355,185
- Rent/Lease: Lease in place
- Stock Value: Included
- Established: Not disclosed
Business Details
Business Category Motel
Exclusive to Tourism Brokers is this high performing coastal motel situated on the beautiful Sapphire Coast of NSW. Catering for Corporate and leisure guests the motel boasts a high percentage of repeat clientele with continued growth and offering a massive ROI, Leaseholds like this do not come around often.
- Prominent highway location on huge block of land.
- 26 spacious refurbished rooms of varying configurations with quality fixtures.
- Heated indoor swimming pool, gymnasium and outdoor barbeque area.
- 2 x EV charging stations.
- Plenty of parking including large vehicle/bus and boat parking area.
- 74 % Occupancy.
- 2022 Travellers Choice award with amazing customer reviews.
- 3 bedroom residence with internal access to reception.
- 50 seat restaurant with dancefloor and adjoining bar (currently not in use).
- 29 years remain on the Lease as of 1st October 2022.
- Over 40 % return on investment.
Priced to sell call now to arrange a private inspection.
Net Profit: $355,185 for 2022 calendar year
Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.
Property ID: 496ML (quote when enquiring)
Property Code: 4483
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This business is somewhat unique and has no similar competition in this region, category or price bracket.