Taree, New South Wales 2430
FREEHOLD $2,950,000
Key Features
AI generated. Contact seller to confirm.
- Freehold motel on approximately 10 acres
- Refurbished accommodation with varied room configurations
- Three-bedroom manager’s residence
- Two rooms outside letting pool
- Further development potential STCA
- Access to Manning Valley, CBD and Old Bar coastline
- Net Profit: $Adjusted Net Profit: $358,811
- Established: Established 22-room accommodation business
Business Details
Business Category Motel
- Established 22-room freehold accommodation business ideally positioned on the northern approach to Taree, offering excellent exposure and convenient access to the Manning Valley, CBD and Old Bar coastline.
- Set across approximately 10 acres, providing a rare combination of a proven accommodation operation and significant future expansion potential (STCA).
- Refurbished guest accommodation comprising a mix of double, twin, family and self-contained rooms, supported by a three-bedroom manager's residence and established facilities.
- Immediate upside with two rooms currently outside the letting pool, providing the opportunity to increase room inventory and revenue with minimal additional investment.
- Genuine scope to further enhance the property's presentation through landscaping, external improvements and targeted upgrades.
- Significant future potential to explore additional accommodation options including cabins, boutique glamping or complementary tourism uses (STCA).
- A compelling opportunity for an owner-operator or investor to acquire a well-established regional hospitality asset with strong foundations and the ability to unlock further value.
Adjusted Net Profit: $358,811
Contact James Carrick from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1284MF (quote when enquiring)
Property Code: 5494
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This business is somewhat unique and has no similar competition in this region, category or price bracket.