Taree’s Alabaster a rock solid investment

by Grantlee Kieza 3rd of February, 2022

Taree’s Alabaster a rock solid investment
Alabaster Motor Inn, Taree, NSW

The gorgeous, historic town of Taree, on the banks of the beautiful Manning River, is renowned as one of the most picturesque and placid holiday destinations in Australia, and the 22-room Alabaster Motor Inn is one of its top accommodation properties.

This motel is on Taree’s main road and near a hotel, restaurants, cinema and the local IGA supermarket.

Alabaster Motor Inn
Alabaster Motor Inn

 

The rooms have undergone extensive refurbishments and have modern fixtures. Most rooms have kitchenettes.

Spectacular: A night to remember
Alabaster Motor Inn

 

Amanda Tate, from L.J. Hooker Taree, said the freehold property had been with the same family for many years.

“This is actually the second generation operating it,” Ms Tate said, “and they have really done well building up the business.

“It is one of the better and more popular motels in Taree in a very convenient position near facilities. It also has its own restaurant that can easily become operational again. And the residence is a completely renovated big three-bedroom home with a modern kitchen and bathroom and its own private courtyard.”

Spectacular: A night to remember
Alabaster Motor Inn, Residence

 

Ms Tate said the Alabaster Motor Inn was on sale for $3.5m.

“The motel has been operated by leaseholders in the past and the turnover is large enough to again sell the leasehold if a new owner did not want to operate the property hands on,” she said.

“Being one of Taree's best motels with excellent ratings, it repeatedly attracts salespeople and contractors because it offers great comfort and service. It also has beautifully landscaped grounds, an inground pool area and the restaurant which can be easily operational again.”

Alabaster Motor Inn, Pool
Alabaster Motor Inn, Pool

 

Taree is the centre of the Manning Valley and a great base from which to explore the wonderful beaches and national parks of the Barrington Coast. 

With a population of 26,000, it is a vibrant small city with first-class facilities. There is the exceptional Manning Regional Art Gallery, and the Manning Entertainment Centre, a 505-seat theatre that attracts leading Australian talent. 

The Manning Aquatic Centre offers indoor and outdoor swimming, and around the city there are five excellent golf courses.

Manning River Aero Club provides scenic flights of the lush mountains and majestic coastline. 

Nature lovers have an abundance of delights.

The Coopernook State Forest, just north of Taree, has a peaceful camping and picnic area surrounded by tall gums.

At Coocumbac Island, in the middle of the Manning River, visitors can explore a pristine subtropical rainforest, and at Brimbin Nature Reserve, 9km north of Taree, kayaks glide among mangrove-lined waterways and follow riverside trails to picnic areas. 

The spectacular Ellenborough Falls, the tallest single drop waterfall in NSW, are just an hour’s drive north of Taree.

Taree also has a number of delightful cafes and restaurants, boutique shops and arcades and two large shopping centres. Just 9km away is the riverside heritage town of Wingham, known for its fresh local produce. And the lovely, secluded beaches of Old Bar, are only a few minutes away by car.

Taree is less than a four-hour drive north of Sydney, and is also serviced by the Taree Airport. 

Find the business listing details HERE.

Find more accommodation for sale HERE.

Find the latest industry news HERE


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