LEASEHOLD MOTEL SHOWING EXCELLENT RETURNS ON THE NSW FAR NORTH COAST
SOLD
Business Description
This property is located in the beautiful NSW Far North Coast close to the intersection of two major highways.
This 3 ½ star property consists of 17 ground floor units spread over 3 blocks. There is an inground swimming pool and BBQ area for guests to enjoy. There is a very large 3-bedroom stand-alone residence spread over 2 levels with direct access to the reception area.
The motel enjoys consistent trade from regular guests who are looking for good quality room in a peaceful setting. This is reflected with fantastic ratings of 9.1 on Booking.com and 4.5 on Trip Advisor.
This is a very easy motel to run with the current husband and wife team doing all work. This is a great opportunity for the new owners come in and continue the growth. There are 25 years remaining on the lease.
This is an excellent motel for a new or experience operator, this one will not last.
1. Located in a prime location on the NSW Far North Coast near major highways.
2. Consists of 17 ground floor units and a large 3-bedroom residence.
3. Offers an inground swimming pool and BBQ area for guests.
4. Enjoying consistent trade from regular guests with high ratings on Booking.com and Trip Advisor.
5. Easy to run with current husband and wife team.
6. Opportunity for new owners to continue growth.
7. 25 years remaining on the lease.
8. Suitable for both new and experienced operators.
9. Highly profitable with excellent returns.
10. Prime opportunity for a successful business in a peaceful setting.