Ballina, New South Wales
78ML - BALLINA IS BOOMING – LEASEHOLD MOTEL
SOLD
Business Description
- 17 ground floor rooms of varying configurations on 2 acres of land.
- 4 bedroom residence with private yard and double garage.
- Saltwater pool, barbeque, room for kids to play.
- Undercover parking for guests and ample space for large vehicles, trucks, etc.
- Excellent local amenities across the road means no cooking to be done for guests.
- 25 year lease on offer for new tenant and a fair landlord.
This is an excellent introduction into the industry for a committed couple wanting a new direction. Located on the main arterial road into Ballina but with easy access to the Pacific Highway this motel has increasing figures and potential for future growth as two rooms being offline due to family situation.
Rare four bedroom house with attached office, oversized double garage and loads of storage makes it ideal for a family or couple. Set back from the road, this property is quieter than you would expect on a main road, giving you and your guests a good night’s sleep.
Ballina has seen increasing traffic from domestic travellers since COVID and this does not look likely to stop. Tap into the local accommodation scene and watch your bank balance grow.
Call Tony now to secure your private inspection.
Net Profit: $145,000 average over 2 years
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 78ML (quote when enquiring)
Property Code: 3679
Business Summary
Key Investment Insights
1. Well-established and profitable leasehold motel in Ballina, a popular tourist destination.
2. Located on a main arterial road with easy access to the Pacific Highway.
3. 17 ground floor rooms of varying configurations, including family rooms.
4. 4 bedroom residence with private yard, double garage, and attached office.
5. Saltwater pool, barbeque, and ample space for kids to play.
6. Undercover parking for guests and space for large vehicles, trucks, etc.
7. Excellent local amenities across the road, reducing the need for guests to cook.
8. 25-year lease on offer for new tenant with a fair landlord.
9. Ideal opportunity for a committed couple or family looking for a new direction.
10. Increasing figures and potential for future growth, with two rooms currently offline due to family situation.
11. Quiet location despite being on a main road, ensuring a good night's sleep for guests.
12. Ballina has seen an increase in domestic travellers since COVID, providing a steady stream of guests.
13. Opportunity to tap into the local accommodation scene and increase profits.
14. Net profit of $145,000 on average over the past 2 years.
15. Private inspections available by contacting Tony Johnson from Tourism Brokers.
16. Property ID: 78ML (quote when enquiring).
17. Property Code: 3679.
