Ballina, New South Wales
1860ML - Motivated Vendors - Coastal Town
SOLD
Business Description
- Long lease terms on this 26 room motel
- Northern Rivers beachside town
- Central location but off the main roads
- Live onsite or nearby - your choice depending on family situation
- Potential upside for new owners - ask me how.
The motel features 26 well-appointed rooms set amongst lush tropical gardens with a large outdoor entertaining and barbeque area, adjacent to the swimming pool. The motel is located in a quiet street off the highway, opposite the hospital, just 150 metres from the local sports club and a short stroll to the major shopping centre and eateries.
As a tradie or handyperson you could add real value to this asset.
The current long term owners are motivated to sell so here is your opportunity to take this property to the next level and truly make some serious money!
Call now for your private inspection.
Net profit $206,831 for 2014/15
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1860ML (quote when enquiring)
Location: Ballina NSW
Ballina is situated on the Far North Coast of New South Wales and enjoys a sub-tropical climate all year round. Centred on an island at the mouth of the Richmond River, Ballina is surrounded by 32kms of white sandy beaches and crystal clear waterways.
The surrounding hinterland provides ample opportunities for the eco-adventurer - visit one of the fantastic National Parks. There is plenty to see and do in this vibrant area with a huge array of attractions and activities in Ballina, and at Lennox Heads, Byron Bay and surrounding environs of the Far North Coast.
Highlights: Shelly Beach, Whale-Watching, Dolphin Watching and Snorkelling, Ballina Pool and Waterslide and Crystal Castle.
Events: North Coast Street Machine's Show and Shine, Bluesfest, ICON Australia All Girls Surf Showdown, Splendour in the Grass, Ballina Coastal Country Music Festival and Southern Cross Arts and Craft Festival.
Property Code: 1744
Business Summary
Key Investment Insights
1. Long lease terms on a 26 room motel in a popular coastal town in the Northern Rivers region.
2. Central location but off the main roads, providing a quiet and peaceful atmosphere for guests.
3. Potential for new owners to add value to the property, particularly for tradies or handypersons.
4. Motivated vendors looking to sell, providing an opportunity for new owners to take the property to the next level.
5. Well-appointed rooms set amongst lush tropical gardens, with a large outdoor entertaining and barbeque area and swimming pool.
6. Located just 150 metres from the local sports club and a short stroll to the major shopping centre and eateries.
7. Option for new owners to live onsite or nearby, depending on their family situation.
8. Net profit of $206,831 for 2014/15.
9. Sub-tropical climate all year round, surrounded by 32kms of white sandy beaches and crystal clear waterways.
10. Plenty of opportunities for eco-adventures in the surrounding hinterland and nearby National Parks.
11. Vibrant area with a variety of attractions and activities, including whale-watching, surfing, and music festivals.
12. Property code: 1744.
