Key Investment Insights
AI generated. Confirm details with the seller.
1. Well positioned 26 room motel of solid double brick construction
2. Central location, short walk to clubs, shops, and river
3. Run under management for past 8 years, plenty of upside for owner operator
4. 50 seat licensed restaurant (not in use)
5. Large major competitor motel about to be demolished for residential units
6. Expected increase in occupancy as a result of competitor's demolition
7. Large residence option, swimming pool, and recent refurbishments
8. Great coastal location, only 2 hours to Brisbane, 1 hour to Gold Coast Airport, and 20 minutes to Byron Bay
9. Owner of 27 years has decided to sell
10. Auction to be held on April 10, 2014 at 11:00 am on site at Hi Craft Motel
11. Property ID: 2188MF
12. Contact Craig Clark from Tourism Brokers for further information or to arrange an inspection
13. Property code: 541
