Alstonville, New South Wales
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.
Book an inspection today.
Business Summary
Key Investment Insights
1. Prime location in the beautiful NSW Far North Coast, close to major highways
2. Consists of 17 ground floor units spread over 3 blocks, with an inground swimming pool and BBQ area
3. Large 3-bedroom stand-alone residence with direct access to reception area
4. Consistent trade from regular guests, reflected in high ratings on Booking.com and Trip Advisor
5. Easy to run with current husband and wife team handling all work
6. Opportunity for growth and potential for new owners to increase profits
7. 25 years remaining on lease
8. Suitable for both new and experienced operators
9. Highly sought after property in a popular tourist destination
10. Strong financial returns and excellent investment opportunity.
