What motel was sold in this article?

The article reports the sale of the Woongarra Motel, a waterfront accommodation asset located in North Haven on the Mid North Coast of New South Wales.

Where is the Woongarra Motel located?

The Woongarra Motel is located on The Parade, North Haven, just south of Port Macquarie, in a waterfront position opposite the river.

Why was the Woongarra Motel attractive to buyers?

The property attracted buyer interest due to its prominent waterfront location, consistently strong occupancy above 80%, refurbished rooms, manager’s residence, and existing Development Approval for additional waterfront rooms.

How many rooms does the Woongarra Motel have?

The motel comprises 16 refurbished ground-floor rooms.

What future upside was highlighted in the sale?

A key point was the existing Development Approval for additional rooms at the front of the site, designed to maximise water views and support future expansion and income growth.

What amenities and operational features does the motel include?

The motel includes a swimming pool, BBQ facilities, outdoor seating areas, and a substantial on-site manager’s residence with three bedrooms and a private courtyard.

Highly Sought-After Coastal Motel Successfully Sold by MQ...

The Woongarra Motel, one of the Mid North Coast’s most prominently positioned coastal accommodation assets, has officially been sold. Located on The Parade, North Haven, just south of Port Macquarie, the sale marks the transfer of a tightly held waterfront motel that has long been regarded as a high-performing and strategically located investment opportunity.

The motel occupies a substantial 2,150m² waterfront landholding directly opposite the river and comprises of 16 refurbished ground-floor rooms. A key attraction for buyers was the property’s existing Development Approval (DA) for additional rooms along the front of the site, each designed to maximise uninterrupted water views—offering strong future upside for expansion and income growth.

Built as a single-level brick motel, Woongarra underwent a full refurbishment in 2022, modernising guest rooms, facilities, and common areas while maintaining its well-known coastal character. Guests are offered a relaxed holiday experience through features including a swimming pool, BBQ facilities, and outdoor seating zones positioned at the rear of the property.Adding to the motel’s appeal is the large on-site manager’s residence, complete with three bedrooms and a private courtyard—an asset that enhances operational ease for owner-operators or management teams’ retention.

Reflecting on the sale, Malcolm Mathie – Director MQ Brokers commented:

“Woongarra Motel has always been a well-positioned property with exceptional exposure, sitting directly opposite the water. Its occupancy rates, consistently above 80%, highlight the strong mix of business and leisure travellers that support its impressive income performance. The approved DA for additional waterfront rooms provides the new owners with immediate potential to further elevate the value of this outstanding asset.”

Just moments from North Haven’s cafés, beaches, break-wall, and renowned fishing and boating spots, the motel continues to attract a steady flow of guests from both the corporate and leisure markets.

The sale underscores the value of securing a motel offering:

A consistently high occupancy rate supported by mixed-demand segments
A large 2,150m² waterfront site in a premium coastal location
DA approval for future expansion with rooms designed for water views
A recently refurbished, turnkey accommodation asset
A substantial on-site manager’s residence for streamlined operations

For further details regarding the sale or future opportunities, interested parties are encouraged to contact Malcolm Mathie or Ray Larkin, Directors of MQ Brokers.