Narooma, New South Wales 2546
SOLD
Key Features
AI generated. Contact seller to confirm.
- 10 well maintained units with kitchenettes
- 1 family apartment with full kitchen
- Easily operated by a couple
- High occupancy rates year-round
- Mixed clientele of corporate, workers and travellers
- Perfect for first-time moteliers
- Turnover: Not disclosed
- Net Profit: $156,976
- Rent/Lease: Long 30 year lease with low rent
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Motel
- Prime location in the popular South Coast town of Narooma.
- 10 well maintained units with kitchenettes and 1 Family apartment with full kitchen.
- Easily operated by a couple.
- Mixed clientele of corporate, workers and travellers (many return guests).
- High occupancy rates year-round.
- Long 30 year lease with low rent.
- Perfect for a couple or first-time moteliers.
It is hard to find a more stunning location than Narooma on the NSW South Coast. Once a quiet seaside town Narooma has been discovered and has become a thriving tourist hot spot, boasting crystal clear ocean waters, a famous challenging 18-hole golf course, surrounded by a nature playground. Throw all this in and add a profitable easy to run Leasehold business with 30 years on the Lease and a favourable rent for the new owners. Live in Paradise AND grow your wealth!!!
Net Profit: $156,976 for 2022 calendar year
Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.
Property ID: 961ML (quote when enquiring)
Property Code: 4429
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This business is somewhat unique and has no similar competition in this region, category or price bracket.