Ballina, New South Wales
84ML - Special Type Of Leasehold Motel
SOLD
Business Description
- Prime CBD location opposite popular RSL Club
- 13 rooms of varying configurations
- No gardens or grounds, just an onsite pool to maintain
- Family sized 3 bedroom residence with 2 balconies
- Commercial kitchen - only breakfast service now
- Coastal position and only 1 hour to Coolangatta Airport
I am proud to market one of Ballina's most popular motels located right in the heart of the town. There are only 13 rooms and no grounds to maintain giving you maximum time to work on your business or entertain other pursuits.
Your guests can walk to everything they need in town, shops, clubs, restaurants and the river. It is a short 5 minute drive to the beach or only 30 minutes to Byron Bay and 1 hour to the Gold Coast.
Ideal couple operation with minimal staffing required. Good landlord and all R&M up to date. This is motel GOLD and should be at the top of your shopping list.
Net profit $173,000 average over 3 years
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 84ML (quote when enquiring)
Location: 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 Machinez'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: 2818
Business Summary
Key Investment Insights
1. Prime CBD location with high visibility and foot traffic
2. Opposite popular RSL Club, providing potential for increased business from club members and guests
3. 13 rooms of varying configurations, catering to a wide range of guests
4. No gardens or grounds to maintain, allowing for more time to focus on the business
5. Onsite pool for guests to enjoy, adding to the overall appeal of the motel
6. Family-sized 3 bedroom residence with 2 balconies, providing comfortable living arrangements for owners
7. Commercial kitchen, allowing for potential expansion of services beyond just breakfast
8. Coastal position, offering a desirable location for tourists and travelers
9. Only 1 hour to Coolangatta Airport, providing convenient access for guests coming from further away
10. Ideal couple operation with minimal staffing required, reducing labor costs
11. Good landlord and all R&M up to date, providing a stable and well-maintained property
12. Net profit of $173,000 average over 3 years, indicating a profitable and successful business
13. Close proximity to popular attractions and activities in Ballina and surrounding areas
14. Regular events and festivals in the area, attracting a steady flow of tourists and potential guests.
